Type
Internal restructuring
Country
United Kingdom
Region
London; Inner London; Inner London - East
Location of affected unit(s)
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18.11 - Printing of newspapers

100 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60302.