Digital publisher Journal Media is to close its business site Fora.ie, scale back its sports website the42.ie and cut staff pay by between 5-20 per cent to offset a fall in advertising revenue due to the coronavirus crisis. The group includes theJournal.ie, Fora.ie, the42.ie, and a new investigative platform noteworthy.ie. Most of the journalists working for its sports news site the42.ie are to be made part-time. Staff who remain working full time are to receive a pay cut of between five and 20 per cent. These include pay cuts across the company and most unfortunately ceasing to publish our business news site Fora.ie,” she said.
Source: The Irish Times April 01, 2020 09:11 UTC