The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.11 - Printing of newspapers
100 jobs Number of planned job losses
Announcement Date
16 April 2004
Employment effect (start)
Foreseen end date
Description
Staff at the Daily Express are threatening strike action over plans for swingeing budget cuts they fear could result in the loss of up to 100 jobs.Since Richard Desmond took over the loss-making papers in 2000 he has slashed staff numbers to around 470 from over 900, and cut costs on everything from taxis to pens and notepads.
Sources
16 April 2004: The Guardian
Citation
Eurofound (2004), Daily Express, Internal restructuring in United Kingdom, factsheet number 60302, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60302.