The Economist is flourishing

THE article on The Economist Group (The Irish Examiner, August 9) was seriously inaccurate.

The Economist is flourishing
Sat, 17 Aug, 2002 - 01:00

The Economist Group will not, as you claim, “sack more than 35% of staff after profits crashed in the year to March.”

In the year to March, our employment numbers did fall by that percentage, but largely because we sold a business, the Journal of Commerce Group in America, which employed a lot of people.

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