The Spotlight Sports Group has announced to employees that a reduction in headcount could not be avoided
Jobs are to be lost at the Racing Post, the daily paper which serves horse racing and its followers, with its owner blaming loss of revenue caused by the Covid-19 crisis. The news is a blow to staff, most of whom had put up with temporary salary cuts to help sustain the business during its recent 76-day hiatus from print.
Having accepted those cuts, which averaged around 25% but went up to 50% for higher earners, staff were encouraged when the Post returned to print last week at the same time as racing resumed. The Guardian understands that salaries have now been restored for active members of staff, though some others remain on furlough.
Related: Talking Horses: racing's rulers silent over switch of Princess Haya horse
Eight of the first twenty pages on @RacingPost paper today were advertising . It’s a bit disappointing considering its £3.90
Haydock
12.45 King Leo 1.15 Daniel Deronda 1.45 Arctic Vega 2.15 Brookside Banner 2.45 She Can Boogie 3.15 Call Me Ginger 3.45 Be More (nap) 4.15 Finery 4.50 Will Sommers 5.20 Albaflora
Chelmsford
4.40 Furlong Factor 5.15 Wootton Creek 5.45 Healing Power 6.15 Villain's Voice 6.45 Queen Of All 7.15 Clap Your Hands 7.45 Que Quieres 8.15 What Will Be (nb) 8.45 Escape Clause
Wolverhampton
5.00 Twiggybark Creek 5.30 Kool Moe Dee 6.00 Sampers Seven 6.30 Batalha 7.00 Caravan Of Hope 7.30 Decora 8.00 Squelch 8.30 Robeam 9.00 Sir Gnet