The Daily Mail and General Trust (DMGT) is to cut 1,000 jobs as the advertising slump continues to hurt newspapers.
The Daily Mail and General Trust (DMGT) is to cut 1,000 jobs as the advertising slump continues to hurt newspapers.
The job cuts at its regional arm Northcliffe Media are more than double what it estimated last November, the media company said.
The job cuts at its regional arm Northcliffe Media are more than double what it estimated last November, the media company said.
Northcliffe Media publishes 113 papers in the Midlands and south of England, selling 4.1 million copies a week.
Northcliffe Media publishes 113 papers in the Midlands and south of England, selling 4.1 million copies a week.
It said it had a "difficult quarter" so far and expects a "substantial fall" in profits in the first half of 2009.
It said it had a "difficult quarter" so far and expects a "substantial fall" in profits in the first half of 2009.
The "vast majority" of the job cuts have already taken place or are currently under consultation, said a company spokesman.
The "vast majority" of the job cuts have already taken place or are currently under consultation, said a company spokesman.
Newspapers battered
Newspapers battered
The company said in its trading update that further costs were being cut in all departments at its newspaper division, which includes the Daily Mail and free newssheet the Metro.
The company said in its trading update that further costs were being cut in all departments at its newspaper division, which includes the Daily Mail and free newssheet the Metro.
The DMGT said the job cuts would result in exceptional operating costs of about £20m in the group's half year results to 29 March, to be announced in May.
The DMGT said the job cuts would result in exceptional operating costs of about £20m in the group's half year results to 29 March, to be announced in May.
The company said it expected advertising revenue at its newspapers during the three months to March to drop by an underlying 24%, and to fall at Northcliffe Media as a whole by 37%.
The company said it expected advertising revenue at its newspapers during the three months to March to drop by an underlying 24%, and to fall at Northcliffe Media as a whole by 37%.
The DMGT sold the London Evening Standard newspaper in January to Russian billionaire Alexander Lebedev for the sum of £1.
The DMGT sold the London Evening Standard newspaper in January to Russian billionaire Alexander Lebedev for the sum of £1.
The recession has hit advertisers and newspapers hard, with local publishers being especially affected.
The recession has hit advertisers and newspapers hard, with local publishers being especially affected.
Other jobs gone
Other jobs gone
Local newspaper group Archant, which owns the Eastern Daily Press and Evening News, said this month it is planning to cut 34 jobs in Norfolk. REGIONAL NEWS SUFFERS Norfolk's Archant, which owns the Eastern Daily Press and Evening News, is planning to cut 34 jobsThe Daily Record and Sunday Mail in Scotland merged, result in the loss of 70 jobsGlasgow Herald owner Newsquest asks staff to take unpaid leaveManchester Evening News owner axed 150 jobs and closed eight officesReading Evening Post has become bi-weekly as owner GMG Regional Media had an 85% drop in profitsLiverpool Daily Post and Echo sacked 40 journalists and reduced editionsObserver Standard Newspapers enters administration
Local newspaper group Archant, which owns the Eastern Daily Press and Evening News, said this month it is planning to cut 34 jobs in Norfolk. REGIONAL NEWS SUFFERS Norfolk's Archant, which owns the Eastern Daily Press and Evening News, is planning to cut 34 jobsThe Daily Record and Sunday Mail in Scotland merged, result in the loss of 70 jobsGlasgow Herald owner Newsquest asks staff to take unpaid leaveManchester Evening News owner axed 150 jobs and closed eight officesReading Evening Post has become bi-weekly as owner GMG Regional Media had an 85% drop in profitsLiverpool Daily Post and Echo sacked 40 journalists and reduced editionsObserver Standard Newspapers enters administration
And up to a quarter of 276 editorial staff at the Glasgow-based Daily Record and Sunday Mail newspapers are to lose their jobs under plans to merge their newsrooms.
And up to a quarter of 276 editorial staff at the Glasgow-based Daily Record and Sunday Mail newspapers are to lose their jobs under plans to merge their newsrooms.
Observer Standard Newspapers in Worcestershire, with a staff of 150, went into administration earlier this month.
Observer Standard Newspapers in Worcestershire, with a staff of 150, went into administration earlier this month.
Also, the Financial Times last week told staff in a memo that it planned to streamline its editing staff and cut back from three editions per day to two.
Also, the Financial Times last week told staff in a memo that it planned to streamline its editing staff and cut back from three editions per day to two.
The government has said that preserving the future of local news was a priority. Culture minister Barbara Follett said the government would "work tirelessly to secure news for local communities".
The government has said that preserving the future of local news was a priority. Culture minister Barbara Follett said the government would "work tirelessly to secure news for local communities".
The phenomenon is not restricted to the UK.
The phenomenon is not restricted to the UK.
US papers
US papers
There is much talk of a crisis in the US newspaper industry as many cities see their households titles in trouble.
There is much talk of a crisis in the US newspaper industry as many cities see their households titles in trouble.
The 146-year-old Seattle Post-Intelligencer this month became the first US paper to stop a print edition and go online only, with an editorial team of 20 as compared to 150 previously.
The 146-year-old Seattle Post-Intelligencer this month became the first US paper to stop a print edition and go online only, with an editorial team of 20 as compared to 150 previously.
Last month the San Francisco Chronicle said the paper could be sold or closed down if it could not meet cost-cutting targets.
Last month the San Francisco Chronicle said the paper could be sold or closed down if it could not meet cost-cutting targets.
The Tribune Company, which owns the Chicago Tribune, the Los Angeles Times, the Baltimore Sun and many other titles, filed for bankruptcy in December.
The Tribune Company, which owns the Chicago Tribune, the Los Angeles Times, the Baltimore Sun and many other titles, filed for bankruptcy in December.
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