Irish Times living in a fantasy land, says Waters

IRISH TIMES columnist John Waters has accused the board of directors of the newspaper of living in a fantasy land of high living while presiding over swingeing cutbacks and massive staff redundancies.

Mr Waters, whose recent column on the issue was withdrawn by editor Geraldine Kennedy, said the newspaper risked its credibility if it continued to highlight the deficiencies of other organisations while ignoring its own.

He said the decision by the directors to award themselves over €3.3 million, along with a large annual bonus to former editor Conor Brady, had created “dismay” among staff.