Stampen Local Media

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige;
Location of affected unit(s)
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.12 - Publishing of newspapers
100 jobs
Number of planned job losses
Job loss
Announcement Date
18 June 2014
Employment effect (start)
18 June 2014
Foreseen end date

Description

Local media company Stampen Local Media has announced that it will cut 100 jobs at various newspapers in the west of Sweden.

According to the source, the newspaper Goteborgsposten will cut 40 staff from the editorial team. The paper will no longer have its own graphics production and the number of photographers will be reduced from 15 to 8. According to the source, Stampen media is hoping that the majority of the job cuts will be carried out through retirement and voluntary redundancies, but the company has not ruled out direct dismissals.

The ERM has reported on previous restructuring events in 2013.

Sources

  • 18 June 2014: Medievärlden
  • 18 June 2014: Dagens Industri

Citation

Eurofound (2014), Stampen Local Media, Internal restructuring in Sweden, factsheet number 77205, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77205.