Categories: OLD Media Moves

FT journalists vote to strike

Financial Times journalists have voted to strike in a dispute over proposed changes to the newspaper’s pension policy, reports Mark Sweney of The Guardian.

Sweney writes, “Almost 92% of members of the National Union of Journalists who participated in the ballot voted in favour of taking industrial action.

“There was a 66% member turnout for the ballot, which closed at midday on Thursday.

“The move follows plans by Nikkei, which is expected to complete its £844m takeover of the FT Group at the end of the month, to end the final-salary pension scheme.

“The NUJ, which has branded the move a ‘pension robbery’, claim that the new arrangements will deplete the pension by £4m in a cost-saving move by Nikkei.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.