NZZ Media Group plans savings program
The NZZ Media Group has launched a cost-cutting program within its Zurich Media division. The reason for this is that business performance this year has fallen short of the projected earnings targets.
The head of corporate communications of the NZZ media group, Bettina Schibli, confirmed on Wednesday at the request of the news agency SDA a corresponding article on the online portal Media mirror.ch on Tuesday. There have been significant losses in job and financial advertising in the current year. Details of the savings program will not be communicated, according to NZZ Media Group.
