Sixty jobs to go at Irish Times
19/11/2008 - 18:23:54The Irish Times is to shed up to 60 jobs.
The losses are part of a range of cost-cutting measures at the newspaper.
They include a pay freeze, a review of terms and conditions of employment and the closure of its Defined Benefit Pension Scheme from the beginning of 2009.
At a meeting earlier, staff were told that the paper won't break even this year as had been hoped, and is facing even bigger losses next year.
It is blaming serious falls in revenue as a result of the recession for the cuts.
Management will meet with unions on Friday to discuss the measures
