At least 30 employees at Evenimentul Zilei will be affected by the cost cutting measures, from most of the company’s departments, following to close the editing and local correspondents, cited sources say. Following the measures applied in Compact daily, (closed down by Ringier in February), the downsized staff from Evenimentul Zilei will receive major severances.

“The media group’s policy is not allowing us to comment information that stemmed from rumors. We will communicate transparently in the opportune moment”, said Adela Popescu, PR manager of Ringier, while editor in chief Vlad Macovei and Vlad Macovei refused to comment.

As for Capital magazine, some 10% of the editorial staff could be affected by this measure.