How many editorial staff?
Around 80 journalists will also be culled in the new year, after the company wrote to all 800 of its editorial staff offering them individually-tailored voluntary redundancy payouts.
800? Does that include the printers etc?
I\’ve no idea how many other papers have but that does seem rather a lot, doesn\’t it?
This is a nice snark though:
In August GMG reported that it had lost £89.8m, compared with a profit of £306.4m the previous year, though the 2008 profits were inflated by the one-off proceeds of selling 49.9pc of Trader Media Group, publisher of Auto Trader.
Despite the losses, Mr Rusbridger received an 11pc pay rise last year to £445,000.
What\’s that thing about no rewards for failure?