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More bad news for 'depleted' staff at loss-making Independent Newspapers | Business

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Staff at Independent Newspapers are 'depleted' after learning that at least 40% of the workforce will be axed. Employees have also been told that they will only receive 70% of their salaries this month. | News24_Business

For months the leadership of SA's largest print media group, Independent Newspapers, has been warning staff that it needed to drastically cut costs to stay operational. that the company plans to cut"at least" 40% of its workforce.

Previous rounds of cost cutting had not resulted in the type of savings the group had hoped to see."Courageous difficult decisions" now needed to be taken, said Independent Media's CEO Takudzwa Hove. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 4. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Independent Newspapers set to cut at least 40% of its staff | BusinessIndependent Newspapers, the publisher of titles such as The Cape Times, The Star, Isolezwe and The Mercury, has announced it is now looking to cut 'at least' 40% of its staff in a bid to save costs. | News24_Business
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