GateHouse Media, publisher of several hundred small-town print and online newspapers across the United States, announced last week that it would reverse paycuts imposed over the summer as early as Monday of next week, the Boston Herald reported Friday.

Meanwhile, the Boston Globe newspaper, which was taken off the New York Times Company's auction block last week due to its improved financial condition, is not likely to enjoy the same treatment, the Boston Herald reported Saturday.

In a memo to staffers, CEO Richard Daniels explained the GateHouse restoration to former pay rates was not indicative of increased profits, Media Nation reported Friday.

Rather, it was the result of effective cost-cutting strategies, which he urged staffers to continue. The GateHouse pay reductions ranged from 7 percent to just under 15 percent for the company's top earners, with an average pay cut of 7.75 percent, Enterprise reported Friday.