Up to 70 editorial jobs are set to be cut across the UK by regional publisher JPIMedia, the company has confirmed.
The regional publisher has opened a voluntary redundancy programme which could see up to 70 roles lost across the country, including ten at JPIMedia’s Edinburgh-based titles The Scotsman, Edinburgh Evening News and Scotland on Sunday.
The company is offering enhanced redundancy packages with an additional £2,500 pay-off on top of the usual terms.
The usual redundancy package pays two weeks’ salary for every full year worked up to a maximum of 20 years service or £30,000 – whichever is the lower amount.
The plan, which does not include cut-price national daily the i, was announced to staff today.
HTFP understands the company is not targeting any specific titles, regions or types of roles – with applications being welcomed from across the company.
A spokesman for JPIMedia said: “We are constantly looking to innovate and find new working structures and ways of working to respond to the declining print advertising and newspaper sales revenues we and the rest of the media industry have experienced for many years.
“As part of this, we are looking at measures to respond to immediate revenue challenges and have therefore today announced an open voluntary redundancy programme across the editorial function at JPIMedia.”
JPIMedia was formed last October after its predecessor company, Johnston Press, went into administration.
The company is made up of JP’s former bondholders including US-hedge fund Goldentree Asset Management.
At the time of the so-called “pre-pack” deal, the bondholders agreed to wipe out £135m of JP’s previous £220m debt and extend the repayment period for the remaining £85m to 2023.
It also pledged to inject a further £35m of new money into the business.
The latest announcement is the second major round of redundancies to be announced by JPIMedia so far this year.
In February it unveiled plans to axe 22 full-time equivalent roles across its community news reporting teams.
As well as the job cutbacks, JPIMedia recently announced it is to close eight newspaper offices across the country with 34 members of staff set to work from home or from other offices nearby.
Offices which have already closed or are due to close are Aylesbury, Banbury, Brighton, Cumbernauld, Horncastle, Kenilworth, Kettering and Luton.
Following a review by the company’s property team and senior managers, JPI is also seeking to relocate staff to new premises in 20 other offices.
These are Alnwick, Berwick, Blackpool, Burnley, Chesterfield, Chichester, Eastbourne, Grangemouth, Halifax, Horsham, Mansfield, Milton Keynes, Portsmouth, Scarborough, Selkirk, South Shields, Wakefield, Wigan and Worthing.