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

Omnicom dispute to drive down Channel 5 prices in H2

Omnicom dispute to drive down Channel 5 prices in H2

Omnicom's trading dispute with Channel 5 is expected to drive down the broadcaster's prices by an estimated six per cent year on year, according to an internal Channel 5 document seen by Campaign.

Share
Aga targets city homes with cooker campaign

Aga targets city homes with cooker campaign

Aga, the British cooker brand indelibly linked with the upper-middle classes and their country homes, has released a campaign for its city oven.

Share
David Abraham MacTaggart lecture: full text

David Abraham MacTaggart lecture: full text

Read the full text of David Abraham's speech, called 'After The Gold Rush: Sustaining creative risk in UK television for the next generation', given at the Edinburgh International Television Festival.

Share

Get news by email