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Archant furloughs magazine staff to ease impact of latest Covid-19 lockdown
Archant has furloughed staff on its regional magazines across the country for the next month to help ease the impact of the latest lockdown on its finances.
The cost-saving measures at the local media group, now owned by private equity firm Rcapital, will mean publication of the March and April issues of all Archant’s monthly magazines will be slightly delayed, staff were told.
Timeline
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It said staff could look to “more positive times” in the spring.
Archant publishes about 20 regionally-focused magazines under Life branding – for example Cotswold Life and Yorkshire Life.