Close Menu
    Facebook X (Twitter) Instagram
    ChinavisionChinavision
    Facebook X (Twitter) Instagram
    TV EN VIVO
    • Inicio
    • Nosotros
    • Radios Chinas/ 中国中文电台
    ChinavisionChinavision
    Home»ECONOMÍA»Daily Mirror owner Reach to cut 550 jobs as sales fall
    ECONOMÍA

    Daily Mirror owner Reach to cut 550 jobs as sales fall

    NorisBy Noris07.07.2020No hay comentarios1 Min Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Follow Us
    Google News Flipboard Threads
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Newspaper titles Image copyright PA

    The owner of the Daily Mirror and the Daily Express is to cut 12% of its workforce as it struggles with the impact of the coronavirus pandemic.

    Reach, which also owns the Daily Star, OK! Magazine and a stable of regional newspapers, said about 550 people would lose their jobs.

    The group, whose sales were falling even before the pandemic, saw revenue slip nearly 30% in the quarter to June.

    Boss Jim Mullen blamed a fall in circulation and advertising revenue.

    «To meet these challenges and to accelerate our customer value strategy, we have completed plans to transform the business and are ready to begin the process of implementation,» he said.

    «Regrettably, these plans involve a reduction in our workforce and we will ensure all impacted colleagues are treated with fairness and respect throughout the forthcoming consultation process.»

    Economía
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Noris

    Related Posts

    Salón del Automóvil de Chengdu: Los coches eléctricos vuelven a ser el centro de atención

    12.09.2025

    El presidente de China, Xi Jinping, propone la Iniciativa de Gobernanza Global

    02.09.2025

    Peng Liyuan recibe a las esposas de los líderes extranjeros que asisten a la Cumbre de la OCS en Tianjin

    02.09.2025

    Comments are closed.

    © 2025 Chinavisión Panamá. Todos los derechos resservados.

    Type above and press Enter to search. Press Esc to cancel.