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

MailOnline's £60m target on track as US site overtakes UK

MailOnline's £60m target on track as US site overtakes UK

MailOnline is now attracting more monthly unique browsers from its US operation than the UK, helping to keep its target of generating £60 million from advertising for the year on track.

Share
Study finds TV and digital outdoor best at 'making brands famous'

Study finds TV and digital outdoor best at 'making brands famous'

Chief executives and chief marketing officers have named TV and the emerging space of digital out of home as the must-have media for "making brands famous", in a study conducted by Censuswide.

Share
Sorrell warns of Scotland becoming an 'outlier' and the UK 'diminished' by a Yes vote

Sorrell warns of Scotland becoming an 'outlier' and the UK 'diminished' by a Yes vote

If Scotland votes yes to independence tomorrow, its major cities would become outliers, London will become more of a competitor for business and the remaining UK will be diminished, warned Martin Sorrell, chief executive and founder of WPP.

Share

Get news by email