France, March 31 -- Founded by the German company Bertelsmann, Prisma Media has already lost more than a third of its workforce since its takeover in April 2021 by Vivendi - the Bollore group which is the operation's main shareholder.

The plan was presented to staff representatives on 30 March. 

In total, 261 jobs will be cut by the end of 2026, out of a workforce of 650 - including 90 journalists.

Magazines such as Geo, Voici and Femme Actuelle, will see their page counts reduced. Others will disappear.

This new redundancy plan is "a real tragedy, a massacre," said Emmanuel Vire, CGT union representative for the Prisma Media ...