Journalists set to propose reopening of GNM voluntary redundancy scheme

Guardian News & Media (GNM) management is set to discuss the possibility of reopening its voluntary redundancy scheme in an effort to reduce further costs, in an expected proposal put forward by the National Union of Journalists (NUJ) .

The Guardian: a GNM title
The Guardian: a GNM title

GNM management is to  continue discussions with the NUJ tomorrow (24 October) on how best to strip out £7m of annual costs from the business.

The publisher had initially been hoping to cut between 70 and 100 editorial staff when it opened the voluntary scheme in July.

But it accepted only around 30 applications for voluntary redundancies by the deadline at the end of September.

According to a source close to the discussions, the NUJ believes that GNM could cut more editorial jobs if it were to reopen the voluntary scheme and extend the deadline.

This could be up to six months or longer, the source told Media Week.

It is thought that the NUJ believes it could more than double the number of applications to around 70, if this were to accepted by GNM.

There is also still hope that further costs could be taken out the business if the NUJ's proposals of a voluntary £100,000 salary cap for senior editorial staff is accepted.

A spokesperson for GNM, said: "We continue to work closely with the NUJ to discuss how the necessary savings can be achieved and will not be making any further comment at this stage.

The NUJ was unavailable for comment.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Taking the temperature

Taking the temperature

On the eve of what many believe to be the closest and most unpredictable general election in memory, Media Week took the temperature of the UK's media leaders. Our exclusive poll was conducted on an invite-only basis among a select group of executives at agencies, media owners and advertisers.

Share
Gazing ahead to the media world of 2045
[Sponsored feature]

Gazing ahead to the media world of 2045

It's been a wild 30 years, but wait till you see what's around the corner, says Paul Frampton, chief executive of Havas Media.

Share
When behaviour meets maths
[Sponsored feature]

When behaviour meets maths

As the industry obsesses over stats and clicks, Tom Laranjo from Total Media looks at how behavioural insights can elevate programmatic buying

Share

Get news by email