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THE SUNDAY TRIBUNE is to lay off its entire workforce, after its receiver was unable to secure new investment to save the troubled Sunday newspaper.
Redundancy notices were this afternoon given to the newspaper’s editorial team, confirming that the newspaper would not be returning to production following a four-week hiatus for the month of February.
Receiver Jim Luby wrote to staff outlining that while a “small number of inquiries” had been received, “no definite offers” to invest in the paper – and that as a result, the paper’s entire workforce was to be made redundant from next Monday.
The process of seeking a buyer would continue, however, and if investment could be found to resume publications, its current staff would be notified about the prospect of returning to work for the revived paper.
The Sunday Tribune had gone into receivership on February 1, and had announced that it was to cease publications for the month of February while receiver Jim Luby sought fresh investment.
That move had followed the withdrawal of commercial support from the paper by Independent News & Media, which held a 29.9 per cent stake in the paper. IN&M had, however, agreed to honour the salaries of the newspaper’s staff for the month.
The paper’s circulation had fallen in the last number of years; the most recently available audited circulation figures showed average sales of 54,400 for the first six months of 2010, a 17 per cent fall on the figures from two years previously.
Tribune columnist Dave Kenny had previously written for TheJournal.ie on how the paper’s staff were facing the prospect of redundancy, with many of them having already been let go from earlier ill-fated publications.
The newspaper employed 43 people.
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Shatter resign now
Callinan resign now
Between the GSOC affair and the McCabe dossier, if there was no cover up going on, then 3 months out from the local elections this government should be falling over themselves to be seen to spearhead the push for an open and independent investigation into all of these matters.
Instead, we have a ‘review’ and an investigation into whenther an investigation is needed.
It stinks, and the damage it has done to public perception of our institutions of law and order for the sake of protecting the minister and commissioner is truly sickening.
McCabe for commissioner
Maurice McCabe will be the only 1 to suffer here, Shitter & co will never be beaten.
In the end your right.
correct cos the people of ireland sat back and let it all happen instead of demanding justice and the right thing be done!! shame on us all for continually giving these corrupt fcukers a free pass to keep screwing the good left in the country!!!!!!!!!!!!!!!!!!!!!
A LOT OF €€€€€€€€€
“When a finger points at the moon, the imbecile looks at the finger”.
Confusius
Think, finger = whistle blower
imbecile = MINISTER.
‘Whether it is considered desirable in the public interest for the Government to establish a commission of investigation’. These words kinda sum up the get out clause. Whitewash, I’ve heard there is quite an abundance around Merrion Square
the people of ireland should be out on the streets demanding an end to all this diversionary bullshit, spin, lies, corruption etc.
instead our responce is
carry on as normal lads cos we’re never going to say enough is enough, get as powerful and dirty as ye like, don’t even bother to hide it anymore cos we all know what’s going on, tis great craic, please sir, can i have some more!!
Maurice Mc Cabe for President as he is the only one with integrity. The commissioner has no place to go. Why is it in Ireland nobody resigns? I bet he may retire soon and ride off with both satchels full of cash. If he were fired he may even face prosecution. Shatter could face the same but I doubt it.
Interesting to note Shatter will not be interviewed. From statements he has made to the Dail and in public I would have thought he has all the facts and figures to help this investigation….
Seems shatter has shit on kenny and co
And after all that – when the Taoiseach gets the report – what then????
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