Out of work? Blame Johnston Press

Posted by Grey Cardigan on 19 November 2008 at 19:17
Tags: Evening Beast

So Trinity Mirror, despite sacking 1,200 staff and still making decent profits, have imposed a pay freeze on the few remaining poor sods manning their newsrooms?

Stand back as the rest of the big regional groups gallop to follow suit. These greedy fools are wrecking our industry and inflicting misery on thousands of loyal employees, and all because Johnston Press - through acquisitions and back-of-house synergies - once hit an unsustainable profit margin in excess of 35 per cent.

When the time comes to record the demise of this great game, that will be identified as the point that it all went tits up.

Tags: Evening Beast