NME publisher to cut 150 roles

By | Published on Friday 1 February 2013

IPC Media

IPC, publisher of NME and Uncut amongst many other titles, will cut about 8% of its workforce, or 150 jobs, in the near future CEO Sylvia Auton has told staff at the London-based magazine company. The news follows an announcement by IPC’s parent company Time Inc that about 500 jobs would be cut worldwide.

It’s not yet clear where the cuts will be made in terms of titles, or how they will be distributed between editorial and commercial roles. But the redundancies will be accompanied by “organisational changes”, as well as a revamp of the firm’s terms of employment for subsequent new recruits and, on maternity arrangements, for current staff too.

Confirming the pending cuts, Auton said in a memo to staff: “Earlier this month, I informed you of some of the difficult decisions the IPC board has had to make in order to develop our strategy to focus on activities that will ensure our future growth, as well as help weather the challenging market conditions. Today, I am writing to you again to advise you that, in line with similar measures being taken across Time Inc, we have this morning advised the staff council of a number of planned organisational changes that may result in up to 150 fewer roles at IPC”.

She added: “Of course, no one likes the uncertainty that such changes bring and I thank you for your patience and understanding over the forthcoming months. But I believe strongly that it is the quality of IPC’s people and the content we create that sets us apart from our competitors and makes us the successful business we are. I know that I can continue to count on your talent, creativity and hard work to ensure we achieve our future goals in the constantly changing media landscape in which we operate”.