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Prisma Media Plans 261 Job Cuts, Equal to 40% of Its Workforce

Union pushback will test the plan in the required workplace consultations.

Overview

  • Prisma Media told employee representatives it will cut 261 positions, which equals about 40% of the company.
  • An internal document reviewed by reporters says the restructuring could trigger up to 279 economic layoffs out of 650 roles.
  • Roughly 90 journalist jobs are targeted, and spin-offs such as Geo Histoire and Femme Actuelle Jeux would stop publishing.
  • Union leaders condemned the move, with a staff assembly and a formal works council review process now set to begin.
  • The company says it will try to limit job losses and use Louis Hachette Group resources to reassign staff as Bolloré-linked leaders drive a third wave of cuts since 2021.