Trust in News management will “give a direct response” to ultimatums “very soon”

In an email sent to the Workers’ Commission and union delegates, the administration led by Luís Delgado adds that “it has made every effort to keep the salaries and benefits of all workers up to date, something that, unfortunately, it has not yet managed to fully comply with”

The administration of Trust in News (TiN) “will give a direct response to the various ultimatums, very soon” and outstanding salaries for September will be settled on Tuesday, according to an email sent to workers to which Lusa had access . In an email sent to the Workers’ Committee and union delegates, TiN management says that it “took good note of the statement and the demands approved (today) in plenary, noting with satisfaction the emergence of new Editorial Councils”.

Workers this Monday asked for the support of the entire society, including potential investors, to help preserve relevant information titles and guarantee jobs. In the letter, the administration led by Luís Delgado states that “it has made every effort to keep the salaries and benefits of all workers up to date, something that, unfortunately, it has not yet managed to fully comply with.”

September’s salary arrears — “a total of 10 out of 150 — must be settled tomorrow (Tuesday), at which point payment for October will begin”, says the administration, adding that “this situation, which has lasted for a long time, is regrettable” and “the difficulties have been even greater with regard to subsidies”.

However, “the management has never failed to inform the representatives chosen by the workers, in their various capacities, about the situation that has caused this disturbance, holding regular meetings, every month, sometimes even more than once”. The administration “has always taken responsibility for what it was unable to accomplish or, transparently, for what it decided not to do, never due to negligence, and much less due to irresponsibility.”

Especially because “administration has always demanded — and continues to demand — total and complete responsibility from those who design, create, write and publish magazines, which record continuous declines, from 2018 to 2024, in sales at newsstands, in advertising, in subscriptions and other revenues, including digital”, continues the owner of Veja, among other titles. “There is, and always has been, regardless of the conditions, a profound and unsustainable decline in all publications, there are many justifications, but few revenues”, he highlights.

The management of a media company “cannot and should not meddle in editorial products, even when recognizing a continuous and permanent decline, especially in periods when all resources were available, as, to some extent, they continue to be”.

He recalls that, on January 1, 2018, management “made it clear” that it was “not a fan of internal instability, frequent changes in leadership teams, collective layoffs or magazine closures.” At all times, “editorial and transversal management had access to the numbers and performance indicators of the company’s media outlets (OCS).

In February, the administration “showed these accumulated numbers, from 2018 to 2024, to all teams, including TiN in general, and each publication in particular”, reads the email sent to the workers’ representation bodies.

The administration “will give a direct response to the various ultimatums very soon” and “will also take the opportunity to re-disclose, if necessary publicly, the performance of TiN’s main OCS and their impact on this deeply regrettable situation”, he concludes.

TiN, which holds 16 titles, including Visão, Exame, Exame Informática, Jornal de Letras, Caras, Activa, TV Mais, had its Special Revitalization Process (PER) rejected on November 5th, and on November 12th the administration announced its intention to present an insolvency plan, already requesting the convening of a meeting of creditors to present and justify a recovery plan.

Source: expresso.pt