Trinity announces 800 job cuts

Britain's biggest cable company, NTL, last week announced it was planning to further slash its global workforce by up to 5,000 in a bid to become more profitable

The Trinity Mirror newspaper group's regional titles look set to bear the brunt of 800 job losses following a sharp downturn in advertising.

Group pre tax profits fell 10% during the first half of the year to £81m. Operating profits at the national newspapers, the Mirror, Sunday Mirror and Sunday People, fell by 17.5% to £45.7m.

TrinityMirror has grown rapidly in the last year with more than half of its regional newspapers being bought in the last eighteen months.  About 200 of the job cuts have already been made, 85 at the internet division and 120 from other parts of the business.

Regional titles will be grouped into clusters with more sharing of editorial resources. Savings of £35m have been forecast by 2003.

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