Northcliffe may see 1,000 jobs cut
Northcliffe, the regional arm of The Daily Mail and General Trust (DMGT) is expected to cut up to 1,000 jobs as its advertising revenue continues to plummet.
This morning the trust revealed that it is expecting a 24% decline in first quarter ad revenues at its Associated Newspapers alongside a 37% drop at Northcliffe Newspapers.
As a result the company has announced that it will make a reduction across ‘all cost categories’
A spokesperson for the group is quoted as having said: "We now expect a net total of about 1,000 people to leave Northcliffe this year, double the level envisaged at the time of our results in November 2008,"
Northcliffe Media publishes 113 papers in England and Wales which includes the Leicester Mercury, Hull Daily Mail and the Bristol Evening Post.