Press: the Guardian will cut up to 180 jobs

Faced with an “economic shock” linked to the Covid-19 pandemic, the British daily is forced to lay off.

The British daily The Guardian announced on Wednesday that it would cut up to 180 jobs, including 70 journalist posts, because of the “economic shockCaused by the Covid-19 pandemic.

This restructuring “could affect up to 180 positions – 110 in sales, advertising and marketing and 70 in editorial»,

According to editor-in-chief Katharine Viner and Annette Thomas, managing director of the Guardian Media Group, the daily publisher, the pandemic has caused “unsustainable financial outlookWhich should result in a turnover lower than 25 million pounds (27.6 million euros) than forecasts. In the 2019-2020 financial year ended in March, the Guardian posted a turnover of 223 million pounds.

Unlike many competitors, The Guardian has not adopted a paid business model for its website, leaving all of its content for free consultation. He nevertheless suggests to his readers to support him financially. The newspaper had 821,000 monthly contributors at the end of March, up 25% over one year, to which are added one-off donations.

«Despite the pressure the coronavirus has placed on our business, our unique model of relationship with readers has proven its worth“, Said Katharine Viner and Annette Thomas, adding that the pandemic would not call into question this strategy.

BBC job cuts

The Guardian is the latest outlet to embark on restructuring due to the pandemic, which has seen physical sales and advertising revenue drop.

On July 7, the British press group Reach, owner of the Daily Mirror and Daily Express tabloids, announced the cut of 12% of its workforce, or around 550 jobs.

Already engaged in a plan to save 800 million pounds (886 million euros), the BBC had indicated in June to have to achieve 125 million pounds (140 million euros) of additional savings in due to the health crisis. She confirmed this plan on Wednesday and announced that 70 additional positions would be cut, due to “the deterioration of his financial situation“. These 520 job cuts are in addition to the 600 others that the public broadcasting group had announced in early July in its regional branches.