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Old 23-03-09, 09:57 AM
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Default DAILY MAIL GROUP (DMGT) 1000 job cuts at Northcliffe






A slump in advertising is being blamed for the latest massive job cuts announcement. The Daily Mail and General Trust is to make 1000 positions redundant in it's Northcliffe Media arm - the part of the company that produces regional newspapers.

Some jobs have already gone and many more are still in consultation. The company has experienced a tough 1st quater and profits are expected to be well down for the first 6 months of 2009.

The company publishes newspapers across the Midlands and the South.

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