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Monday, February 16, 2009

Strike Threat at RBI

Press Gazette reports ahead of Reed Elsevier's results that staff at RBI are holding a postal ballot on strike action to protest about redundancies.

Nobody likes to see job losses, but RBI has the what must be the most generous severance terms on the planet. The reality is that no media company can avoid job losses if it is to survive. RBI has a greater need than most to take an axe to its cost base. If the complaint is about the process that's one thing, if it is about the principle that's another. When it's raining there is no point in complaining that it's cloudy.

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