The Aargau media company AZ Medien is cutting 30 jobs. The cuts will be made through vacancies, early retirements and reduced workloads. In addition, around ten people are to be made redundant. The job cuts will be completed by spring 2009. All business areas will be affected, said Eva Keller, Head of Communications, when asked by SDA. Eight jobs will be cut in the editorial department of the Aargauer Zeitung.
The cost-cutting measures are justified by the financial market crisis, which is also affecting the media industry. Revenues from the advertising business are declining for publishing and media companies, the statement continues. AZ Medien is expecting an "unsatisfactory result" for the current year. The company management has therefore decided on cost-cutting measures for all business areas. At the same time, efficiency improvements are being sought in various areas through reorganization and the exploitation of synergies.
The media company is going on the offensive in the Internet and multimedia sector, said Keller. New jobs had already been created for this purpose at the beginning of the year. The online portal A-z.ch will be further expanded. In addition, the content of the event magazine Live will be split into new products from spring 2009. Among other things, a weekly "cultural calendar" in the AZ and a new online and mobile events database are planned.
The new multimedia center in Aarau will also go into operation in autumn 2009. The newspaper, radio, TV and online editorial teams will be brought together in a large newsroom for cantonal and regional reporting. According to the media company, this will allow synergies to be exploited and multimedia offerings to be realized. The project is headed by Peter Buri, who will be replaced by Christian Dorer as Editor-in-Chief on February 1.
The media union Comedia immediately took a stand on the cutbacks. It appeals to AZ Medien's social and journalistic responsibility. Companies that achieved record profits in 2007 and the first half of 2008 cannot justify such rigorous restructuring measures with temporary declines in advertising and job market revenues alone. Comedia writes in its press release that media companies have to focus on quality, especially in a difficult environment. The staff affected and the trade unions must be involved so that acceptable solutions can be found in the interests of the employees.