The Scotsman is facing significant editorial job cuts due to missed subscription targets. The news has sparked outrage and concern amongst the staff.
Members of the National Union of Journalists (NUJ) are seeking an urgent meeting with the editor, highlighting deep dissatisfaction with the company’s direction.
Job Cuts Amid Subscription Struggles
Failure to meet subscription targets has led to impending editorial redundancies at The Scotsman. The National Union of Journalists (NUJ) members passed a motion expressing “anger and dismay” over this development. They are urgently seeking a meeting with editor Neil McIntosh.
Journalists At Risk
Reporters were informed just three weeks ago about achieving year-on-year growth. The sudden job cuts have shocked many of the staff.
Union’s Response
National World management claims to transform the company into a ‘premium content business’. However, cutting jobs of skilled journalists is unlikely to enhance content quality or attract more subscribers.
Blame on National World Executives
The target was to double traffic on scotsman.com by the year’s end. However, the failure led to this drastic measure.
Overview of National World’s Performance
Interim results showed a 17% rise in group revenue and a 12% increase in digital revenue. Profits increased to £5m despite audience volatility.
David Montgomery’s Statement
David Montgomery, Executive Chairman, highlighted that enhanced performance and increased profits stemmed from integrating acquired businesses and restructuring.
Future Plans
National World aims to create a sustainable, monetisable content business that embraces its news tradition while expanding across all platforms.
The proposed job cuts at The Scotsman have drawn significant criticism and concern from the staff and the union.
It remains to be seen how the company’s direction will impact its future.