France: mass lay-offs at Prisma Media

On 30 March, Prisma Media’s management announced that it was cutting 40% of its workforce. The International and European Federations of Journalists (IFJ-EFJ) have joined their affiliates SNJ, SNJ-CGT and CFDT-journalistes in condemning this as “a bloodbath”. The news came suddenly on 30 March: the management of Prisma Media (Capital, Télé-Loisirs, GEO, Voici, Femme Actuelle…), France’s leading magazine publisher, announced a new – and wrongly named – ‘job protection plan’ (PSE) of unprecedented severity. In total, 261 jobs are at risk of being cut, representing nearly 40% of the company’s total workforce. This plan follows a collective termination agreement in … Continue reading France: mass lay-offs at Prisma Media