Thursday, November 20, 2008

TMG-CEO: reorganization necessary - media

When the Telegraaf Media Group (TMG) is not reorganized, writes the company within two years of red figures. That suggests Ad Swartjes CEO of TMG in a letter to staff, which is held by RTL Nieuws. The letter states that the situation in TMG "serious" is. Swartjes indicates that the turnover under heavy pressure, and increase the cost by stating that "if there are no measures are taken" the company within two years of losses will be interminable. "It is a war raging in the media. We are convinced that TMG as one of the strongest survivors of the battle will come with a robust and versatile media portfolio. But in order to reach this position, we must now continue through the pillars for a future cost level. I urge you to critically and constructively to these consultations to participate. Let's clear this task together, "says the letter.

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