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Thursday, April 18, 2024

More media cuts as ‘Dagbladet’ slices jobs

Norwegian media outlets have been hit by another round of cutbacks lately, with newspaper Dagbladet the latest to announce more job losses. The situation was described as “critical” for several publications.

New budget cuts at Aller Media, which owns Dagbladet, mean that 39 employees at the newspaper will lose their jobs. The cuts come on top of several rounds of job losses that all told have slashed the paper’s budget by more than NOK 500 million in just the past 10 years.

Employees of Aller Media were told this week that the company must save NOK 110 million and that a total of 65 full-time-equivalent jobs will disappear. Some of the jobs losses will be offset by attrition and voluntary resignations with severance packages.

Newspaper VG announced last week that it also would be cutting staff, as the newspaper business continues to suffer steep declines in advertising revenue.

newsinenglish.no staff

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