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Express aims to save 100 million

Tidningssverige, it has suffered from a sharp fall in advertising revenue in the past year, not least at the local. On Wednesday, the day it was informed to the

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Express aims to save 100 million

Tidningssverige, it has suffered from a sharp fall in advertising revenue in the past year, not least at the local. On Wednesday, the day it was informed to the staff at the tabloid of a comprehensive fiscal strategy of the sek 115 million, reports the trade magazine Dagens Media.

According to the Klas Granström, Taken by acting editor-in-chief, will be the austerity package that affect multiple parts of the organization. Also, to the staff.

" It's understandable that employees are concerned about and would like to know if there are going to be reductions in the workforce. The answer to that is yes, but to what extent is not clear, " he says of Today's Media.

the figure of 115 million. It is, rather, to reduce the cost of the ”slightly more than sek 100 million on an annualized basis,” according to Granström. Negotiations with unions will begin in a couple of weeks.

the austerity package is not a first for the Network. Most recently, in August, 2019, reported the Swedish television's culture news of an austerity requirements of 40 to 45 million at the newspaper. Among other things, the ten editorial services away. Even then, it was connected to the falling ad revenue.

in the DN search-Klas Granström.

for more information, see Cissi Wallin to become a columnist for the Express newspaper.

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