Most employees will be forced to take five day's unpaid leave in April, May or June, while others will have salaries reduced to reflect a week's pay, depending on the company's various divisions and locations.
Gannett is the US' largest newspaper publisher, with 85 daily titles and nearly 1,000 non-daily regional titles under its remit.
The company owns more than 20 television station across the US and is the parent company of Newsquest in the UK, which publishes 17 daily titles and more than 200 weeklies around the country.
Earlier this month, Newsquest told its 6,000 UK employees that the same unpaid leave, known as a furlough in the US, would be mandatory, however it was believed the company was seeking out alternatives, such as a reduced workweek, or one unpaid day a month, stretched over a number of months.
Craig Dubow, Gannett CEO, said in a memo to employees: "We are about to begin the second quarter without any real relief in sight from this unprecedented economic downturn and its challenge to our company.
"Despite all of your truly remarkable efforts to reverse the trend, our revenue numbers continue their downward slide and we have been faced with more difficult decisions."
Dubow said he and other corporate members of Gannett would also be participating.
The paper will now function solely online at Seattlepi.com, mimicking a move made by the US daily Christian Science Monitor, which ended its print edition in October after 100 years, moving its content 100% digital.
Staff action was unable to save EW Scripps' Rocky Mountain News in Denver, which ceased publication at the end of February after 150 years.
Blog posts of the newspaper crises:
- US newspaper crises accelerates as Senator bids to keep business afloat
- Free lunch is over says The Economist as Indy talks charging.
- This is not a newspaper website (Seattle Post-Intelligencer goes digital).
- Would you buy a failing newspaper?
- Paid for content high on Guardian wish list.
- Time Inc considers charging subscription fees.
- How US newspapers are failing and the local future.
- Newsday -- beginning of the end for free content?
- Is it time for newspapers to start charging for content?
- Could the New York Times go under?
- The end of print for the Independent.