The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media 58 - Publishing activities 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
60 jobs Number of planned job losses
Announcement Date
30 September 2003
Employment effect (start)
Foreseen end date
Description
The Financial Times has planned to cut 10% of the workforce of its commercial department due to a downturn in advertising.
Sources
28 July 2003: The Guardian
Citation
Eurofound (2003), Financial Times, Internal restructuring in United Kingdom, factsheet number 59483, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59483.