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Print Crisis: Mirror Profit Plunge 75%, Telegraph sack 80.

  • 14-03-2013 6:40pm
    #1
    Registered Users, Registered Users 2 Posts: 5,558 ✭✭✭


    A number of recent announcements point towards a big crisis in the print industry.

    Trinity Mirror profits have fallen 75%. Advertising and circulation dropped significantly in 2012 and there has been a "bad start" to 2013.

    Meanwhile, The Telepraph are to cut 80 print jobs to focus on digital.

    A few weeks ago, the FT announced a large number of redundancies.

    Cuts and more cuts. The print industry is truly in crisis mode.


Comments

  • Registered Users, Registered Users 2 Posts: 5,558 ✭✭✭JTMan


    The carnage continues.

    Johnston Press cuts 1,300 jobs as pre-tax loss of £6.8m announced.


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