Le Monde to slash staffing levels

21st September 2004, Comments 0 comments

PARIS, Sept 20 (AFP) - France's leading newspaper of record Le Monde plans to offer 90 of its employees, including 35 journalists, voluntary redundancy as part of a cost-cutting plan.

PARIS, Sept 20 (AFP) - France's leading newspaper of record Le Monde plans to offer 90 of its employees, including 35 journalists, voluntary redundancy as part of a cost-cutting plan.  

"It is not about eliminating jobs, but voluntary redunancy," said the paper's managing director Fabrice Nora.  

The plan by Le Monde management entails redundancy packages for 35 journalists, 27 executives and 28 other employees.  

"The mother company cannot be in deficit for a long time," Nora argued.  

The CGT, CFDT and SNJ unions immediately contested the plan, saying it only saved EUR 8 million in salaries out of a total of EUR 64 million.  

The unions refused for the present to take part in talks on the modalities of any redundancies without being given further information.

 

© AFP

 

Subject: French News

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