Journal Media, which runs online news sites including Journal.ie, is to implement pay cuts across the company of between 5% and 20% as a result of the Covid-19 crisis.
The business site Fora.ie is to close and the sports website the42.ie will be scaled back. In a statement, Journal Media said that it, like all news and media organisations has seen a dramatic and unprecedented drop in advertising revenue as a result of the crisis.
The statement continued: "This sudden decline and the uncertainty of when commercial activity will return to normal levels is a real threat to the existence of the news service which TheJournal.ie provides free to the public. "We had to put measures in place to protect this important service and the future of our