NUJ expresses concern over redundancy announcement at Johnston Press
1 October 2013
Regional newspaper group Johnston Press has opened up a group-wide voluntary redundancy programme. The announcement comes soon after previous unstructured cuts and is deeply concerning for journalists.
Barry Fitzpatrick, NUJ deputy general secretary, said:
"Already there are serious issues over workload and the pace at which digital change is being imposed. Revenue migration to digital remains disappointing and seems to be driven by a mistaken belief that it will come right in the end.
"The root cause of this crisis is the scale of the group's indebtedness and the draconian terms under which the banks including RBS have structured the loans.
"Given the responsibility that the banks have for the loans it is time that the terms were reviewed so that instead of strangling the company the money can be used to restore the trading performance and allow for real growth."