четверг, 15 марта 2012 г.

Daily Mail and General Trust to cut 1,000 jobs

The Daily Mail and General Trust said Monday it expects to shed a thousand jobs in its Northcliffe Media unit, which produces more than 110 local publications.

The trust said advertising revenues at Northcliffe Media were expected to be down 37 percent in the current quarter, worse than the group's overall drop of 24 percent.

The number of job cuts planned in Northcliffe are double the level the group announced in November, and …

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