Internal restructuring
Continente; Lisboa; Grande Lisboa
Location of affected unit(s)
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

122 jobs
Number of planned job losses
Job loss
Announcement Date
16 January 2009
Employment effect (start)
Foreseen end date


Controlinveste, a Portuguese media holding company, announced the collective dismissal of 122 workers, 50% of whom are journalists. These job cuts will affect four daily newspapers of the Controlinveste media group: Diário de Noticias (22 journalists), Jornal de Noticas (27 journalists), 24 Horas and O Jogo (17 journalists). This decision is attributed to the acute negative evolution of the media market, especially in the traditional press, and the cospicuous losses in revenue of the sector, namely from publicity. According to the Journalists Trade Union this is the biggest media job cut in Portugal over the last years. Controlinveste controls a number of newspapers and magazines, and employs more than 1,000 workers.


  • 16 January 2009: Jornal de Notícias


Eurofound (2009), controlinveste, Internal restructuring in Portugal, factsheet number 67870, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67870.