Man City owner’s paper cuts jobs
FEELING PINCH: COMPANY IN UAE’S OIL-RICH CAPITAL UNDERGOES DIGITAL TRANSFORMATION
Staffers have to reapply for jobs at Sheikh Mansour’s Abu Dhabi daily.
Astate-backed newspaper in the United Arab Emirates that was bought by an Emirati who oversees the English soccer club Manchester City is undergoing layoffs, those with knowledge of the firings said yesterday.
They told Associated Press that staffers at The National were informed on Sunday they had been let go. They spoke to AP on condition of anonymity for fear of repercussions.
It wasn’t clear how wide the layoffs were or what specific plans The National’s new owner had for the daily newspaper. Repeated calls to the newspaper rang unanswered yesterday.
The layoffs come after months of turmoil at The National, which was founded in 2008 and staffed with top writers and editors from Western newspapers. Its owner, the state-backed firm Abu Dhabi Media, hoped it would become the Mideast’s standard for independent, hard-nosed newspapering.
But while the paper broke local stories on skyscraper fire safety and other issues, it largely stayed away from controversial topics in a country with strict laws governing speech.
International Media Investments, a subsidiary of Abu Dhabi Media Investment Corp, owned by Sheikh Mansour bin Zayed Al Nahyan of Manchester City, bought The National in November from Abu Dhabi Media. Sheikh Mansour’s media firm has a joint venture with Britain-based Sky to run the Arab satellite news channel Sky News Arabia.
In a statement, International Media Investments said: “The National is putting together its team, made of existing and new talent” and will undergo “a digital transformation, while retaining its print product”. It answered no questions from the AP about the layoffs.
Although the newspaper sale has yet to be finalised, staffers had to reapply for jobs at the paper. All this comes as low global oil prices have pinched the economy of the United Arab Emirates, a federation of seven sheikhdoms on the Arabian Peninsula.
Sheikh Mansour is a member of the ruling family of Abu Dhabi, the UAE’s oil-rich capital. He also serves as a deputy prime minister and minister of presidential affairs. – AP