Media News - Thursday, February 28, 2013
Guardian News & Media and NUJ reach agreement over cost-cutting measures
Guardian News & Media have withdrawn the prospect of compulsory redundancies among editorial staff after reaching a settlement with the National Union of Journalists about cost-cutting measures. Journalists at GNM, which publishes the Guardian, Observer and guardian.co.uk website network – including MediaGuardian – had voted for industrial action over the £7m cost-saving measures to the annual editorial budget announced in 2012, which included the possibility of compulsory redundancies if other options failed to provide the required level of savings. (The Guardian)
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