Le Courrier cancels Saturday edition
The Geneva daily newspaper Le Courrier needs to cut costs and will therefore no longer be published on Saturdays starting in August. The paper hopes this move will help it reduce its structural deficit. The funds saved will be used to expand its online presence.
As the editorial team wrote in an editorial on Saturday, difficult decisions had to be made in a difficult economic environment. The discontinuation of the Saturday edition should put the newspaper back on a green path. The Saturday cultural magazine will be integrated into the Friday edition. If this measure had not been taken, the left-leaning daily newspaper would have been at risk. Dispensing with the Saturday edition in the summer is expected to bring savings of CHF 40,000 in 2015 and CHF 132,000 in 2016. Employees will also take a week's unpaid leave. In 2014, the newspaper made a loss of 477,000 francs. Thanks to donations, this was reduced to a loss of 17,500 francs. As donations are flowing more sparingly in the current year, Le Courrier is expecting a deficit of 57,000 francs. (SDA)
