France: Planned job cuts cause strike at Libération
The left wing French daily Libération will not be on sale today, nor will its website be updated. The staff at the newspaper announced a twenty four hour renewable strike in protest at a plan to fire 52 employees.
Over the last 12 months the paper has suffered a decrease of 9.8% in circulation and 10% in advertising. Libération is currently operating at a loss of approximately 497 000 euros per month.
Unions representing the staff at the paper have demanded that the management reconsider its economic plans and prevent the job losses.
The job cuts at the French paper follow a recent wave of similar measures initiated in the US, and to a lesser extent the UK. (see previous postings here, and here)
Libération is not the first French newspaper to exhibit financial difficulty and to eliminate jobs. Le Monde laid off 90 employees earlier this year, Le Figaro has seen a drop in sales as well as voluntary staff departures, and L'Humanité is virtually bankrupt. (see previous posting)
Sources: Guardian Media, Le Monde (in French)
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