INM staff asked to accept reduced redundancy packages

Staff at two Independent titles have been informed that their redundancy packages will have to be cu

They were reportedly told that the existing package of four weeks pay for every year's service appears to be a stumbling block to the London Evening Standard owner Alexander Lebedev, who is negotiating to buy the titles.

The deal is off until it is reduced to two weeks per year of service. Apparently, the present package terms were never guaranteed in writing.

The Independent's editor-in-chief and managing director, Simon Kelner, will explain to the National Union of Journalists (NUJ) why members must agree to halve their redundancy package.

When Lebedev agreed to buy the two titles last year, he agreed for the redundancy costs to be capped at £70,000.