NUJ release: NUJ calls on Trinity Mirror to ‘put stop on cost-cutting’ programmes
February 26th, 2009Posted by Judith Townend in Job losses, Media releases, Newspapers, Uncategorized
The NUJ has issued a release calling on Trinity Mirror ‘to put a stop to its cost-cutting programmes and come up with a strategy that shows respect for local communities and invests in a long-term plan to ensure the success of its papers and websites.’
“The company’s figures show that, despite the downturn, Trinity Mirror still made operating profits of over £145 million – of which £68 million came from local media. The company’s profit margin is almost 17 per cent,” the release said.
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