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Wednesday, October 01, 2008

Incisive Cuts

The Guardian reports that Incisive Media is cutting 50 jobs. No surprise really given their exposure to the finance sector and print advertising. Hardly news worthy either. Also misleading. The Guardian says this represents 6% of the workforce. It doesn't. Incisive does not employ 800 people. It employs more like 2000 (in the original post I said 4000- thanks to one of our readers for the correction). I think the truth is, 50 jobs in the UK are being cut. The actual number of redundancies given the vacancy provision is probably a handful.

Having said that there are probably cuts being snipped in their US business too.

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1 Comments:

At 5:16 pm, Anonymous Anonymous said...

I have heard that they are making far more redundancies than 50. Cutting heavily into their editorial resources.

 

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