Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Media
Publishing activities
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
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59483.