Keystone streamlines administration and cuts eight jobs

Keystone is feeling the effects of the difficult economic situation in the Swiss media industry. As part of a cost-cutting program, the picture agency is streamlining its administrative processes. The measures will lead to eight of the 78 jobs being cut.

The 21 photographers at the photo agency are prepared to reduce their workloads, Keystone announced on Thursday. This would prevent staff cuts among the photographers. The measures are the result of a risk analysis, according to company director Jann Jenatsch. Keystone is preparing for a difficult 2010.
The picture agency remains a full-service provider. Keystone is owned by the news agencies SDA and the Austrian APA.

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