Mirror and Express publisher Reach to axe 200 roles in £30m cost-cutting drive
by Mark Sweney from World news | The Guardian on (#67PTZ)
Newspaper group reports slump in print advertising and digital ads in traditionally strong fourth quarter
The publisher of the Mirror and Express is to cut 200 roles in a 30m cost-cutting drive, after advertisers failed to spend heavily through the World Cup, Black Friday and Christmas season.
The newspaper group, which also owns hundreds of regional titles including the Manchester Evening News, reported a slump of a fifth in print advertising and 6% in digital ads in the traditionally strong fourth quarter.
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