Independent Media staff slapped with last-minute, 25% salary cut: Independent media staff woke to the shocking news on Friday that they would only be paid 75% of their salary, with the other 25% being 'advised' during the coming week.
Staff of Iqbal Survé's Independent Media were shocked to hear they would only be paid 75% of their salary on paydayIndependent media staff woke to the shocking news on Friday that they would only be paid 75% of their salaries, with “the balance of 25%” being “advised during the course of the coming week”.
In December 2017 AYO controversially scored R4.3bn from the PIC. The matter has been playing out in the Western Cape High Court, where an out-of-court settlement is believed to have been agreed upon between AYO and the PIC. “One of the solutions suggested is that IOL implements some sort of soft paywall for articles, but there seemed to be no interest in that. The editor-in-chief then made the suggestion that people take salary cuts and that idea was immediately shut down. Then we got this email this morning that they had to settle with the PIC.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
25 Injured As Wind Topples Microsoft Billionaire’s BoatStrong winds tipped a large ship belonging to billionaire Microsoft co-founder Paul Allen's estate
Read more »
SA inflation shocker, Fed hike seal deal for next interest rate move | BusinessOn Wednesday, the US central bank hiked its key interest rates by 25 basis points – paving the way for a similar hike in South Africa on Thursday next week. | HelenaWasserman News24_Business
Read more »
Mali: Independent rights experts call for probe into Wagner Group's alleged crimesThe rights experts - who include the UN Working Group on Mercenaries - said that a “climate of terror and complete impunity” has surrounded Wagner’s activities in the northwest African country.
Read more »
'Sustainable Journalism is Crucial for Creating a Better Future'The global media landscape is fraught with challenges but how do media houses and journalists take on not only the challenges of the industry but of our planet and livelihoods. One way is to look to sustainable journalism, but what does that mean? "The concept of sustainable journalism emphasises the interconnectedness of various crises, highlighting the need for a form of journalism that confronts the sustainability issues confronting our society, including economic, ecological, and social challenges. In order for journalism to have a sustainable future as a profession and a business, it must address these challenges effectively," according to Lars Tallert, the founder and president of the Sustainable Journalism Partnership. The Sustainable Journalism Conference is on from 23-25 March at the Aga Khan University Graduate School of Media and Communications, and is being hosted by Aga Khan together with Fojo Media Institute and Wits Centre for Journalism.
Read more »
Fantastic Friday in Currie Cup with three big clashes | The Citizen🔥 CurrieCup clashes set for Fantastic Friday! Pumas take on Griquas, Cheetahs face off against Bulls, Lions to battle Griffons 🏉 Rugby WhereLegendsRise Who will come out on top? More on TheCitizenSport ⤵️
Read more »