Business · Companies · 11 hrs ago

Tamedia to cut 41 newsroom jobs as NZZ appoints new editor

Tamedia to cut 41 newsroom jobs as NZZ appoints new editor

Tamedia is cutting 41 newsroom jobs in German- and French-speaking Switzerland.

The cuts affect the media group behind Zurich’s Tages-Anzeiger, where staff reductions have taken place repeatedly.

The NZZ has appointed Mark Dittli as editor-in-chief as it pursues a different course, including expansion into Germany.

Both newspapers face falling print circulation and advertising income, as much of Switzerland’s advertising money goes to Google and Meta.

Tamedia CEO Jessica Peppel-Schulz says print still accounts for more than 85% of the company’s revenue.

Tamedia aims for a 60% print and 40% digital mix within the next three to five years, though that goal may be ambitious.

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What people are saying

Jessica Peppel-SchulzTamedia chief executive
We still depend on print revenues for more than 85 percent.
via Watson
Nora ZukkerLiterature editor
Culture is being cut back so much at the Tages-Anzeiger that it makes you dizzy.
via Watson