Rewards for Failure at Guardian

The Guardian Media Group has just announced it is making 78 journalists redundant and closing all its weekly newspaper offices in Greater Manchester – 39 jobs will go at the Manchester Evening News and another 39 at the weeklies. Further cuts in advertising, distribution and IT will bring the total job losses to 150. For them, management have failed.

The NUJ’s Joe Slade and Bethan Dorsett, said: ‘There is some hard talking to do now. We cannot stomach a pay freeze for the masses alongside bonuses for the top table.

Polly will no doubt be supporting the workers railing against the bonus culture which saw her boss, the Guardian Media Group chief executive, Carolyn McCall, paid a package of £827,000, comprising a salary of £424,000, plus a bonus of £385,000 and benefits in kind of £18,000. Not to mention her editor’s six figure bonus…

Hat-tip : Mantex Blog




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Boris on Osborne and Project Fear:

Unemployment has fallen by 250,000 to a new low of 4.2 per cent while record numbers of jobs have been created – including no fewer than 8 for the former chancellor and chief architect of project fear who has become a glorious living rebuttal of his own preposterous warnings.”

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