Coronavirus: Journal Media to cut pay by up to 20 per cent - News Summed Up

Coronavirus: Journal Media to cut pay by up to 20 per cent


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



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