Agora agreed two months ago with the unions. Agreed cutting employment 135. However, the situation gets harder because it proved to be too little. The Council wants to talk with the unions.
According to ZKDP in October, “Super Express” for the first time in history reached the highest sales from “Gazeta Wyborcza”. This is the first such situation in the history of both titles. Average sales total first newspaper was 135 685 copies (-5 percent. year-on-year), and in the case of “GW” – 135 of 277 instances (-13,14%).
Such information is not left without a response from the Board of Directors of the company, which previously tried to save profit, increasing, thus, this year two times the price of the newspaper. This seems to work, however, threatening to readers who like the paper version of the content found on the Internet and… the drop in sales has accelerated.
in the third quarter, the company announced that the rate of decline of 8.8%, and the spread paid amounted to 162 thousand Newspapers. The Oct verifies the reality very negatively.
the Board of Directors decided not to wait to improve the situation and to lay off more employees than previously planned.
in Accordance with rules established by the tripartite agreement of 11 October between the ancient Agora, the Organization Międzyzakładową trade UNION,Solidarity” and Agora S. A., Inforadio Sp. z o. o. and Council Employees Agora S. A. the reduction of employment in the company was to be no more than 135 to the end of the year.
Tuesday that the company came, however, the message that the tremor of the employees, which has not touched the cutting. “The intention of the Board of Directors of Agora S. A. is the increase in the number of persons enrolled in the dismissal of the group from 135 to around 190 employed in the time of the Agora S. A.,” writes the company in a press release. It is up to 9.6 percent. employed at the time of the Agora on the day January 6, 2016.
the Council to apply to the Union, operating under the company and Council employees on the entry into consultations and notify the labour office of its intention to increase the number of persons covered by group layoffs.
to Save profit
the Decision, especially realized in the third quarter, the segment Secretary (Interfax, Metrocafe.pl) was only slightly “over the line”. In addition, I do not see him for prospects, because reading news and journalism moves to the Internet.
Profit of Agora cinemas (Helios) and Fax machines (AMS). Activity movies, and print books have given three quarters of the total 38,5 million UAH operating profit EBITDA, and the results press 6 mln., and it is higher because of sales.
in addition, the chief editor of “Gazeta Wyborcza” Adam Michnik showed how big a problem is the reduction of subscriptions to public institutions.
- At the moment, “Interfax” the object of power,” – said the chief editor Adam Michnik, November 21, at the meeting in Koszalin, organized by the local Committee for the defence of Democracy.
According to him, the ads were refused of the State.
It is horrible it was too expensive, said Michnik. And suggested that a possible dismissal group tours in the editorial. These are more than I expected. Slower fall in tabloidach suggests that perhaps the decision to raise the price of the newspaper was wet and przeceniono loyalty to readers and their inclination to the direction of the title a lot of money.
the Exchange has accepted the request understanding
the growth contraction was adopted with almost no echo on the Warsaw stock exchange. The stock Agora acquired even 0.4 percent. Investors are the source of the value you see is simply in the segment of cinema and outdoor advertising.
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