31st October 2015

Newsquest Cuts Jobs From Bolton Titles

The Daily Bolton News and sister titles have lost 10 journalists from job cuts.


The National Union of Journalists have revealed that the job cuts will lead to around a quarter of the editorial workforce being cut from the Daily Bolton News and its sister titles.

Last year, Newsquest reported an operating profit of £3.4M in its North West division.

This was up from the operating profit of £2.6M recorded in 2013.

The total turnover for the company was £29.3M, which was down from £30.7M in the previous year.

The ten jobs that are being cut across Newsquest's Bolton titles include: two feature writers, one news editor, one content editor, one editorial content assistant, one sport content editor / writer, one graphic artist and three photographers.

 

"This horrendous news comes just over a week after it was revealed Newsquest directors had awarded themselves a 26 per cent rise in 'performance-related payments' to a third of a million pounds.

“If this is performance and success I really don't want to see the failures. Newsquest continue to astound with a 'ground zero' approach to producing news with the fewest professional journalists anyone could imagine. How the company expects the people of Bolton and other Newsquest towns and cities subjected to these savage cuts to come running for their products after this is beyond me.

"It makes a sick joke for our members in Bolton that Newsquest was awarded a bronze Investors In People award just last month. There is no excuse for this.

“Newsquest is very profitable nationally - in 2014 it made £60 million and is now debt-free - and locally it actually increased profits considerably. Newsquest has failed all its obligations as a business to staff, customers and readers. Its only success has been to expatriate big profits to its American shareholders." said Chris Morley, NUJ Northern and Midlands organiser.
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