Mirror and Express Owner Reach to Cut 550 Jobs

Posted

The owner of the Daily Mirror, Daily Express and Daily Star newspapers is to cut 550 jobs, 12% of its workforce, because of falling income amid reduced demand for advertising in its titles.

Reach, formerly known as Trinity Mirror, said its group revenue had tumbled by 27.5% during the second quarter, compared with a year earlier, as newspaper sales and advertising plummeted during the coronavirus crisis.

Click here to read more. 

Comments

No comments on this item Please log in to comment by clicking here