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The National Union of Journalists (NUJ) has said "all options are open", including strikes, after Reach brutally slashed 450 jobs last week.
Reach, owner of the Mirror and Express papers, is looking to hire social media influencers after it announced its largest mass culling of jobs since 2020 today. It comes as the British publisher has cut more than 2,000 roles since 2010.
Reach, the publisher of Daily Mirror and Express papers, has said it is axing around 450 full-time jobs as part of a cost-cutting drive.
Digital revenue was down 13.7 per cent for the owner of the Daily Mirror and OK! magazine, Reach, in its third quarter, as the group grapples with tepid advertiser demand. The publisher said the slide in digital was due to depressed open market yields and declining digital referral volumes, especially as Facebook de-prioritises news. Over [...]
Reach, the publisher of the Daily Mirror and Express newspapers, revealed a decline in digital but print has shown promising signs, as circulation revenue grows and print costs fall. The company reported digital revenues are down over 16 per cent from the same period last year to £217m, as page views tumble and lower referral [...]
News publisher Reach reported a slump in sales for the first quarter of 2023, with digital revenue hit by changes to how Facebook presents its news content, the company said on Wednesday. The publisher — those titles include the Mirror, Express and Daily Star — said revenue fell by 5.9 per cent in the four [...]
The publisher of the Daily Mirror and Express newspapers has revealed that annual profits tumbled by more than a quarter as it saw costs surge by 40 per cent and a drop in advertising demand. Reach, which also owns the Daily Star and a raft of regional titles across the UK, posted underlying pre-tax profits [...]
Daily Mirror and Express publisher Reach is to axe 200 jobs as part of major cost-cutting following a slump in advertising revenue. Shares in Reach plummeted by a quarter on Wednesday morning after a downbeat update from bosses. The company told staff would be cutting further roles across all parts of the business as it [...]
Daily Mirror and Daily Express publisher Reach said it faced a temporary advertising “blackout” following the death of Queen Elizabeth II, despite an uplift of newspapers sold. In a trading update, the company posted a 8.1 per cent digital revenue decline in September as a result of the “industry wide reduction” in advertising spend following [...]
Daily Mirror and Daily Express journalists are set to go on strike over pay today after talks with media group Reach broke down.
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