The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
(58 - 60) Media 58 - Publishing activities 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing 58.12 - Publishing of newspapers
150 jobs Number of planned job losses
Announcement Date
10 March 2009
Employment effect (start)
Foreseen end date
Description
MEN Media is to cut 150 jobs at its sites in Accrington, Ashton, Macclesfield, Oldham, Rochdale, Rossendale, Salford and Wilmslow. The company plans to close the above plants blaming a decline in revenues and will move operations to central Manchester offices. As of 15 March 2009 there is no information on when the job losses will occur. MEN Media is a wholly owned subsidiary of the Guardian Media Group in Manchester. As one of Greater Manchester's longest established companies, it operates a very diverse array of media leading brands in the UK's leading regional conurbation.
Sources
10 March 2009: BBC News
Citation
Eurofound (2009), MEN Media, Relocation in United Kingdom, factsheet number 68505, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68505.
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