Staff of the Nation Publishing Company are bracing for more job cuts.
According to reports reaching Barbados TODAY, a number of positions will be made redundant in the coming months.
This follows a meeting between the company’s management led by Chief Executive Officer Anthony Shaw and Group Financial Controller Noel Wood and a delegate from the Barbados Workers’ Union (BWU) which included general secretary Senator Toni Moore and consultant Sir Roy Trotman.
Sources said that managerial staff is expected to be among those being sent home.
In a meeting with staff this afternoon, Shaw informed them that he had met with union officials and had presented them with the financial particulars and performance of the company since 2008, to help determine a way forward for the company.
He told them that while changes in staff were possibly coming, it would not be on the same scale of those from 2018.
It will be the second series of layoffs for the Trinidadian-owned newspaper company in less than a year.
Last April, close to 30 workers were severed, including some from the newspaper’s sister company Starcom Network. At that time, the company blamed the highly competitive and rapidly changing print media environment for the layoffs.
It also claimed that the cuts were as a result of challenges posed by the various social media platforms and dwindling newspaper revenues over the past ten years.
On that occasion, one advertising sales executive, two classified advisors, one typesetter, one senior writer, one traffic coodinator, one lithographer, one graphics artist, one senior accounts clerk, one sub editor and three reporters lost their jobs.