The Limited Times

Now you can see non-English news...

Il Sole 24 Ore daily wants to cut costs by 25%

2021-10-26T17:44:08.143Z

The Italian business newspaper has opened an early retirement plan for 200 jobs. Almost all Italian press groups were preparing a restructuring plan when the Covid crisis arrived and the layoff freeze put everything on hold. Including Sole 24 Ore , the Italian equivalent of the 155-year-old Financial Times , which in the last ten years has seen its paid circulation drop from more than 300,000 to less than 135,000 daily copies at the end of August 2021, according to the reports



Almost all Italian press groups were preparing a restructuring plan when the Covid crisis arrived and the layoff freeze put everything on hold.

Including

Sole 24 Ore

, the Italian equivalent

of the 155-year-old

Financial Times

, which in the last ten years has seen its paid circulation drop from more than 300,000 to less than 135,000 daily copies at the end of August 2021, according to the reports. figures from the agency Ads.

In July, Confindustria, the national confederation of Italian industry, which controls the daily at 70%, informed the editorial board (CDR), the trade union body which represents the journalists of the group, that it wants to do a 25% savings plan on the cost of labor.

If no quantified dismissal plan has been sent to the union, this should result in the reduction of more than 200 jobs out of the group's 862.

Including 70 journalists out of the 280 journalists from the group's three editorial staff, on a daily basis, at Radio 24

This article is for subscribers only.

You have 68% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All life articles on 2021-10-26

You may like

Life/Entertain 2021-10-26T17:44:08.143Z
Business 2021-09-08T08:39:50.876Z
Life/Entertain 2021-11-09T10:45:08.064Z

Trends 24h

Life/Entertain 2021-11-25T10:26:18.684Z

Latest

© Communities 2019 - Privacy