Tamedia cuts jobs in advertising production

Eleven of the total 90 employees are affected. The reason for this is the continuing decline in advertising volume.

The Newspaper Advertising Production Department
of Tamedia will be reduced by nine full-time positions. Eleven of the total
90 employees are affected. They are subject to the supplementary
benefits under the previous social plan. This would adjust the
capacities to the still significantly declining order volume,
The news service Klein Report quoted from an internal memo from
Tamedia. A Group spokeswoman confirmed the information to the
SDA. In the first eight months of 2005, the advertising volume increased according to the
internal communication by over 13 % compared to the same period of the previous year.
For the flagship Tages-Anzeiger, the figure was as high as 17 %, which is a good 20,000
orders. A decline of 9 % was already recorded in 2004.
cope with.

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