Swedish daily slashes workforce

Dagens Nyheter (DN), the Swedish daily newspaper, has announced that it is slashing 100 jobs after a year of continued losses, according to a report in Dagens Media. Staff and unions have responded with dismay at the news, which wipes out more than a third of the publication’s editorial staff. Sweden’s newspaper of record, Dagens Nyheter, has reported losses of SEK 97m (USD 13.3m) with costs per staff member running at 850,000 kronor. Most of the staff cuts will affect editorial staff and follows a tough austerity programme launched by the Bonnier family-owned flagship publication in the autumn. Gunilla Herlitz took over from industry veteran Thorbjörn Larsson on November 1st, becoming only the second woman to lead the firm. Herlitz was brought in to wield the axe after a long period of decline, and since her arrival major changes within the editorial staff have occurred. Dagens Nyheter is part of the Bonnier family concern. Founded in 1864, the newspaper’s stated editorial position is “independently liberal”. DN is Sweden’s largest morning newspaper with a circulation of around 340,000

http://www.thelocal.se/24788/20100204/

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