Spanish publishers cut workforce

A survey by the Spanish Association of Free Press (AEPG) under 240 publishers of free publications (monthly, weekly, daily) reveals that half have reduced the workforce in the past year. Furthermore, data indicate that among businesses that made staff cuts, 1 in 5 let go between one third and half of the staff.

Almost 80% blame dropping advertising revenues because of the recession for the problems. Half of the publishers have seen a drop between 30 and 50%.

According to PRNoticias, the three national free dailies 20 Minutos, ADN and Qué! have sacked nearly 200 people while the closure of Metro involved 150 staff members.

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