Main Page Content:
-

Kent Messenger cuts 59 jobs as revenue continues to decline

Posted by Dominic Ponsford on 3 November 2008 at 10:43
Tags: Newspapers, Regional Newspapers

The Kent Messneger Group has pressed on with plans to make 59 jobs redundant - around half in editoral.

And it is closing its offices in Dover, Faversham, Maidstone, Sittingbourne, Tonbridge and Tunbridge Wells.

A memo to staff, published by Holdthefrontpage, reveals that the Kent titles - in common with the rest of the regional press - are having a very tough time at the moment.

“Since we launched the consultation, our revenues have continued to decline along with the rest of the industry and the rate of decline shows no sign of abating.

“We need to take this action if we are not to plunge into unsustainable trading losses.

“In the current economic climate we cannot rule out further changes to our business but we believe this restructure will go a long way towards ensuring the sustainability of the company.”

Tags: Newspapers, Regional Newspapers

-

Advertisement

E-mail Newsletter Signup

-

Advertisement

-

Advertisement