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Newspaper publisher Alma Media undergoes restructure

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By The Drum Team, Editorial

April 16, 2012 | 1 min read

Finnish newspaper publisher Alma Media is undergoing a restructure which is expected to result in redundancies.

The group employs 810 people in total across its various companies and consists of Aamulehti, Satakunnan Kansa, Lapin Kansa, Pohjolan Sanomat and Kainuun Sanomat as well as 29 local and free newspapers.

It said it aims to "considerably reduce overlapping operations" and as such will reduce its headcount. Although it gave no details about how many roles it will cut, it said the number of personnel will "reduce by no more than 135 man-years".

Kari Juutilainen, head of Alma Regional Media, said: "In view of the outlook of the newspaper as a medium it is essential that we secure our financial standing and journalistic independence. The objective of the planned changes is to preserve locally strong and financially viable regional media everywhere we operate in Finland."

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