Mail Group plans to axe 400 staff



THE owner of the Daily Mail newspaper is axing hundreds of jobs and closing offices to stem losses caused by plummeting advertising sales, the company revealed yesterday.
Daily Mail and General Trust (DMGT) said 400 job cuts were being made across the business as part of an overhaul plan under new chief executive Paul Zwillenberg.
The group is also considering closing some offices in London and New York to protect its profits. Many editorial and commercial redundancies have already been made within the 10,000-strong workforce.
Mr Zwillenberg is expected to detail the redundancy and... read more

 
30 September 2016 in Sport, Views: 36
Source: Morning Star
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