The Daily Telegraph stays mum about staff redundancies, but competitors are less shy
Management team brought in a consultant, and the result being staff reductions, and alterations to the work schedules, which the paper is positioning as taking a ‘modern, employee-friendly approach’
When the consultants are brought in you can be pretty sure that heads will roll. Unfortunately for the staff of The Telegraph, Murdoch MacLennan, chief executive of parent Telegraph Media Group, brought in Deloitte and today word is that layoffs were announced.
“With changes in the way we work, and hot-desking for some of those who need to be in the office, we will be able to reduce the size of our footprint at BPR,” MacLennon said in a memo, referring to the newspaper’s headquarters in at Buckingham Palace Road in London.
The Guardian is reporting that among those being let go are deputy editor Liz Hunt, eature writer Harry Wallop, head of arts Andrew Pettie, foreign chiefs Richard Spencer and Colin Freeman and Asia editor Philip Sherwell.
What will follow will be what the paper is calling a more flexible working schedule, which is what companies like to call a reduction in work hours.
“I believe that this will allow many of us to have a better work-life balance and I hope you will welcome this modern, employee-friendly approach that is so much in line with the changes in the media world,” MacLennan said in his memo.
Alex Spence of Politico.eu said that a “consultation period of 45 days has begun, which under English employment law implies that 100 or more jobs could go,” though a source said it would not be as many as 100.
Nothing was written about the layoffs on the paper’s website, and no comments were given to its competitors.
The newspaper company remained profitable in 2015, earnings a before tax profit of £47m, about in line with the year before. But ad revenue pressures are hitting all the major newspaper groups in the UK.