Nación Announces
Cutbacks and Layoffs
The Grupo Nación, publishers of the daily La Nación, Al Día, La Teja
and Vuelta en U, yesterday announced an austerity plan that will see
the layoff of some 100 people in various departments, including
magazines like SOSHO, Perfil and radio programs like Los 40
Principales and Bésame.
The company said it has to cut its costs by 15% to weather the
financial crisis.
Nación officials yesterday would not comment on the announcement.
The measures include cuts in the printing of Vuelta en U, the Áncora
insert that is a staple on Sundays will now be incorporated in the
regular pages, regional supplements will also disappers, the Zurquí,
a children's supplement, will also be cut.
There will be no more overtime, costs will be cut by 15%, salary
increases will be locked in at 5% and at least 100 workers will be
standing in the unemployment line.
Rumoured to go as the journalists like Herrera, Luis Rojas, Ana
Lupita Mora, Andrés Formoso, Gabriela Flores and Alexandra Valverde,
among others.
The magazines En Su Casa, Compras, Ámbitos and Su Cantón will no
longer be published and cutbacks are expected at the adult oriented
magazines, SOHO. |
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