Daily Mail to slash 400 jobs across group as print advertising revenues decline
The Daily Mail is set to slash 400 roles across the group, with many of the jobs to come out of the Daily Mail & General Trust’s media operations thanks to declining print advertising revenues.
The group’s media division, which publishes the Daily Mail Australia locally and also the British newspapers Daily Mail and free-sheet Metro, saw a 12% decline in print advertising which was partly offset by 17% growth in digital advertising.
