Reach, the UK’s largest local newspaper publisher, plans to cut 550 jobs as the pandemic deepens the struggles of a group whose titles include The Mirror and the Liverpool Echo.
The decision to cut 12 per cent of the workforce came alongside plans to move to “fewer locations”, and introduce a more centralised structure across its titles in an effort to cut duplication and improve efficiency.
The pandemic has had a bruising effect on the newspaper business, which was already facing falling circulation and lower advertising spend. In the decade to 2018, roughly 250 British local news outlets closed, according to industry magazine the Press Gazette.
Jim Mullen, Reach’s chief executive, said in a statement on Tuesday that “structural change in the media sector has accelerated during the pandemic” requiring “plans to transform the business”.
The group, which put roughly 1,000 members of staff on the government’s furlough scheme in