Daily Mail group cuts 1,000 regional jobs
Monday 23 March 2009
The Daily Mail and General Trust today became the latest media company to announce major cutbacks in the regional press.
It said that about 1,000 jobs would go at its Northcliffe Media regional arm - twice as many as had been feared.
Northcliffe publishes 113 regional titles in England with a total circulation of more than four million. Key dailies include titles in Leicester, Derby and Bristol.
DMGT said most of the cuts had already taken place or were under consultation. They would leave Northcliffe with around 3,500 staff by the end of the year.
Further cost savings were also announced for Associated Newspapers, owners of the Daily Mail and the Mail on Sunday.
Investors were warned of a substantial fall in results for the first half of the year as the firm waits for cost-saving measures to filter through, including the effect of last month's sale of the Evening Standard.
- 1 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 2 Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
- 3 Anti-gay hate preacher accidentally tweets 4,000 followers cartoon clip of him 'confessing' to be a 'homosexual sodomite'
- 4 Woman opens professional cuddling shop – gets 10,000 customers in first week
- 5 Grayson Perry: London needs affordable housing because 'rich people don't create culture'
£25k + commission + benefits: Savvy Media Ltd: Find a job you love and never h...
£8000 - £13000 per annum: Recruitment Genius: Do you have an interest in compu...
£18000 - £21000 per annum: Recruitment Genius: An exciting opportunity has bec...
Voluntary Only - Expenses Reimbursed: Reach Volunteering: The Society for Expe...