Reach plc, publisher of the Mirror and Express, is expected to axe approximately a tenth of its workforce across its national and regional newspapers.
As per reports, about 450 people will lose their jobs. The move comes amid declining ad revenues and demand. The move also follows Meta’s decision to cut support for news on Facebook, as per chief executive Jim Mullen.
Laura Davison, national organizer for the National Union of Journalists, said:
“Today’s announcement comes as yet another blow to Reach journalists who have adapted at pace to company demands. Members will be understandably shocked at the scale of redundancies, particularly with previous rounds already withstood in recent months and in the run-up to Christmas.”