No end to cost-cutting at Basler Mediengruppe
The Basler Mediengruppe (BM) will have to cut costs again in the 2003/2004 fiscal year.
In view of the negative development in the advertising business, the Group will not be able to avoid a further reduction in cost blocks, explained CEO Beat Meyer in the in-house newspaper Net. Readers, listeners and print customers should not feel the effects. Meyer wants to focus on services that are provided as "nice to have".
