Media sector braces for further layoffs and cutbacks - News Summed Up

Media sector braces for further layoffs and cutbacks


Journalism may have been deemed an essential service during the Covid-19 crisis, but the media sector has not escaped the wave of layoffs and pay cuts seen across the economy. “It has literally fallen off a cliff,” said Johnny O’Hanlon, director of representative group Local Ireland. O’Hanlon is calling on the Government to direct its own advertising to local titles as a matter of urgency. Pay cutsThe media sector as a whole is braced for further pay cuts and job losses. Communicorp, the radio group owned by billionaire Denis O’Brien, and Journal Media, the company behind TheJournal.ie, have announced pay cuts for staff.


Source: The Irish Times April 02, 2020 13:18 UTC



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