Herald and Times Group

Type
Internal restructuring
Country
United Kingdom
Region
Scotland; West Central Scotland; Glasgow City
Location of affected unit(s)
Glasgow
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.12 - Publishing of newspapers
250 jobs
Number of planned job losses
Job loss
220 jobs
Number of planned job creations
Job creation
Announcement Date
3 December 2008
Employment effect (start)
3 December 2008
Foreseen end date
3 January 2009

Description

The Herald and Times Group, a newspaper publisher, has announced that it has made all 250 of its journalists and publishing staff redundant. The company, based in Glasgow, said it could rehire up to 220 of these staff if they accepted different terms and conditions. The company plans to advertise these new jobs in 30 days’ time.

Sources

  • 3 December 2008: BBC News
  • 3 December 2008: Financial Times
  • 4 December 2008: The Guardian

Citation

Eurofound (2008), Herald and Times Group, Internal restructuring in United Kingdom, factsheet number 67569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67569.