Economist Group is to make 13 jobs redundant — two in commercial services and two editorial staff on its paid-for analysis service Economist Intelligence Unit — as part of a restructuring drive in the UK. The group’s UK MD Nigel Ludlow tells Guardian.co.uk the cuts are necessary to meet advertising clients’ demand for cross-media campaigns, meaning there’s less need for each division to have its own ad staff. DMGT-owned Associated Newspaper’s merged sales staff across the Daily Mail (LSE: DMGT) and Mail on Sunday and many other publishers have looked to save money through creating integrated sales teams.
Some more print closures, restructured and layoffs happening at the moment:
– Haymarket has shut its specialist health magazine MIMS Cardiovascular, making the announcement in a short message on Healthrepublic.com. From Private Fraser’s Doomer Magazines.
– Trinity Mirror is merging the management structures of three of its divisions, North Wales, South Wales and Liverpool, with the loss of two management posts. Via PressGazette.