Private Frazer’s Doomed Magazines

September 6, 2013

Not at your service

Filed under: B2B magazines,closures — privatefraser @ 9:43 am
Tags: ,

However bloody the redundancies at Future, at least they are giving staff notice that they’re facing the bullet.

The same can’t be said of Publicservice.co.uk the publishers of Public Servant magazine, whose 180 staff found out that their jobs had gone when the administrators turned up. As this was the day before pay day, no one got their wages.

One employee … said: “Some of us knew the company was in trouble. It’s always a giveaway when you can’t order stationery without the direct permission of management.”

 

[h/t to Press Gazette]

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2 Comments »

  1. Where will it all end? LOL.

    Comment by Mark Roberts — September 6, 2013 @ 10:05 am | Reply

  2. Naturally I’m sorry for the people who lost their jobs. But I’m surprised by how many staff there were at this firm – what were they all doing?
    I wondered if they produced all the editorial and didn’t use freelances – then ran across this curious item in Andrew Jaffe’s blog:
    http://www.andrewjaffe.net/blog/2010/09/public-service.html
    The move to online was surely only one factor. I wouldn’t have invested in this firm once the Conservatives, with their public spending agenda, had taken power.
    One of the morals of this sad story is perhaps not to have your portfolio concentrated in one sector.

    Comment by Geoffrey Negus — September 6, 2013 @ 11:38 am | Reply


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