Voice Group loses four titles with new closures
Published 08/03/2008 | 00:00
There were more closures at the Voice Newspaper Group yesterday, with the axing of its Kildare and Tipperary editions.
This comes after its Cavan and Monaghan office in Cavan town closed down earlier this week due to low sales.
The four closures will see the loss of almost 40 jobs in total.
In a statement, the Voice Newspaper Group blamed the closures on a "downturn in the economy" and "unprecedented competition from UK newspaper groups".
The 20 full-time staff and four part-timers at the group's Cavan and Monaghan paper, who had not signed any contracts, were told on Wednesday that they would have no jobs the following day.
The Cavan and Monaghan Voice newspaper editions were first published six months ago.
'The Kilkenny Voice', 'The Laois Voice', 'The Galway Voice' and 'The Tallaght Voice' will continue to be published, the group has pledged.
Commenting on the closures, former editor of the 'Sunday World' and chairman of the Voice Newspaper Group, John Sheils, said the company's board of directors looked at every possible option and did not take the decision lightly.
"The company's 10 investors accepted the decision of the board of directors, as it was in the best interest of the group and, despite the significant losses incurred by these titles, the investors have advanced additional money this week to ensure that every staff member who lost their jobs will receive one month's salary.
"It is a sad day for all of us, however, I must stress the closures did not reflect the quality of the newspapers and the high standards achieved by the staff who worked there. We have every confidence that, with the commitment and expertise demonstrated by the staff, they will secure employment in the near future," Mr Sheils said.
Meanwhile, Derry Quinn, who received nearly €10m in shares from the sale of the Leinster Leader Group to British regional publisher Johnston Press, has been named chief executive officer of the Voice Newspaper Group.
Niall Mellon, who was named international philanthropist of the year by the Community Foundation of Ireland last year, is the majority shareholder in the Voice Newspaper Group.