Romanian economic weekly Capital, published by Evenimentul & Capital Publishing House, restructured a part of the team, with 8 people, representing almost half redaction, being affected by this mesure: four employees were fired and four permanent collaborators were proposed a new work formula (pay per article, RON 100 per material) and smaller salaries.
The four fired people, all experienced journalists, are Ana Maria Smadeanu (coordinator Top 300 Capital during the last 3 years), Gabi Tinteanu (experienced banking/finances/insurance journalist and senior editor Capital Top 300), Robert Stan (auto jurnalist) and Marius Pirloiu (macroeconomics and banks).
Contacted by paginademedia.ro, Virgil Munteanu, director Evenimentul&Capital, said all has to do with a costs efficientization. „These measures are taken in order to pass Capital on operational profit”.
According to paginademedia.ro’s info, during the next period, also Evenimentul zilei will undergo a costs adjustment process.
Translation provided by AdHuggerCarmen Maria Andronache carmenpaginademedia.ro