Imprint describes Tamedia job cuts as “really bad”
Published: Tuesday, Aug 27th 2024, 10:20
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The professional association of media professionals in Switzerland, Impressum, has reacted with indignation to the job cuts announced by Tamedia. The Syndicom trade union also sharply criticized the media company in a press release on Tuesday.
Syndicom demanded that Tamedia correct its corporate strategy. In the last 15 years, shareholders of the TX Group, owner of Tamedia, have siphoned off more than CHF 670 million in dividends from a profit of CHF 2.2 billion, while at the same time Tamedia has made hundreds of employees redundant, Stephanie Vonarburg, Vice President and Head of the Media Sector at Syndicom, was quoted in the press release. According to Vonarburg, the TX Group remains highly profitable and the "downsizing policy without regard for employees" must come to an end.
Syndicom also announced that it would work with the staff committees to preserve jobs, improve the social plan and working conditions.
The professional association Impressum also found clear words. In a message on the short message service X, the association wrote: "Once again: really bad. Impressum demands a stop to redundancies and a halt to the march. The management's strategy contains no strategy. It's just the destructive greed of the big shareholders." Impressum criticized the fact that there had been no communication about how the editorial offices should now function in practice.
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