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The voluntary redundancies are believed to include up to 20 in editorial.
According to insiders 19 jobs are understood to be under threat at FT Chinese.
The NUJ chapel said in a statement: “We condemn the FT’s moves to make staff redundant just before Christmas in what has been a year of massive uncertainty due to the pandemic; this contrasts starkly with the CEO’s reassurances this summer that no jobs would be lost during 2020.
“We are especially concerned at the proposal to close completely FT Chinese’s only overseas editorial operation at a time when journalists are under increasing pressure in China. We are extremely worried about the speed of the consultations with staff put at risk in this team and find it hard to believe that meaningful alternatives were explored before our members were pressed to sign redundancy agreements.”
In March 2020, as COVID-19 spread around the world and political leaders began to realise that an immediate response to the pandemic would involve personal sacrifices and public action, politicians and their directors of public health policies took to stadiums, lecterns, and cameras to speak about the need to stay home, shut schools and nurseries, ration access to grocery stores and health services.
The men, and they were usually men, spoke of social cohesion and a need to act selflessly and responsibly. The women, and they were usually women, who took on the greatest burden on housework, childcare and responsibility for ageing parents, sighed, took a deep breath and got to work.
Financial Times, London, from 2005-2020, spoke of all these and more in an interview podcast on the
Indian Journalism Review.
The Powerful and the Damned, has recently been launched. When asked if he could name three non-European, non-American gold-standard publications, the standard at which he rates the FT, the man who helmed the London-headquartered business news organisation for 15 years said:
Nikkei,
Business Standard.” A reporter and foreign correspondent, who made the switch to editor at the
Financial Times at the age of 50, Barber said in a message to leaders across spheres that the key is to have competent people around you and to listen to them. The former FT editor, who counts the legendary Ben Bradlee (
FT editor’s golden goodbye of almost £2m ‘more than 70 times trainee wage’
The union suspended its pay negotiations with the FT after learning from The Sunday Telegraph of Lionel Barber’s package
19 December 2020 • 9:30pm
Lionel Barber left the FT in January
Credit: AFP
Journalists at the
Financial Times have branded a £1.92m golden goodbye for its former editor a “slap in the face” that is “toxic to morale”.
The National Union of Journalists last week suspended pay negotiations with the FT after being contacted about Lionel Barber’s package by The Telegraph on Wednesday, acting on information from media sources. Accounts filings would have typically revealed it in summer, but were running months behind schedule.