Home » Business » Swiss Media Company Ringier Media Announces 75 Job Layoffs and Restructuring

Swiss Media Company Ringier Media Announces 75 Job Layoffs and Restructuring

Announcements of restructuring and massive layoffs continue to appear in the Swiss press. Ringier Media announced on Tuesday the elimination of around 75 jobs. The restructuring aims to reduce costs by 5%.

At this stage, it is impossible to indicate how many positions are affected by this restructuring in French-speaking Switzerland. All we know is that the announcement follows the merger of the Blick group and the former Ringier Axel Springer Schweiz AG group. “When you do a merger like this, you definitely have to look at areas of overlap,” says Ladina Heimgartner, managing director of Ringier Media to the media outlet. Personal. And to clarify: “But the emphasis will certainly not be placed on the editorial teams.”

A consultation procedure has been opened and will close on January 19. The group will implement the new structure during the month of February.

2024-01-09 23:16:41
#Ringier #Media #eliminates #workstations

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