NEWSPAPER publisher Reach has been told to end its culture of cuts after the company published a poor financial statement.
The Daily Mirror, Daily Star and Daily Express publisher has revealed a further decline in sales after a sharp fall in online views directed through Google.
Page views on its platforms dived by 40 per cent for the past half-year, amid increased use of AI answers and overviews on search engines.
Shares in London-based Reach, which also publishes regional titles, plunged by almost a quarter in early trading on Wednesday as a result.
The group revealed that total revenues dropped by 9 per cent to £232.9 million for the six months to June 30, compared with a year earlier.
Reach has announced that it is planning to cut 24.2 full-time equivalent roles in regional print production, placing 67 jobs across the country at risk.
The National Union of Journalists Reach group said: “We want to put on record that the stress on staff caused by the lack of clarity on the company’s coming actions is hitting morale and leaves them in a form of purgatory.
“We will be looking to have honest consultations and negotiations with management at all stages of this process.”
As advertising drains away, newsrooms shrink and local papers disappear, MIKE WAYNE argues that the market model for news is broken – and that public-interest alternatives, rooted in democratic accountability, are more necessary than ever
LOUISA BULL traces how derecognition, outsourcing and digitalisation reshaped the industry, weakened collective bargaining and created today’s precarious media workforce
Enduring myths blame print unions for their own destruction – but TONY BURKE argues that the Wapping dispute was a calculated assault by Murdoch on organised labour, which reshaped Britain’s media landscape and casts a long shadow over trade union rights today
On the 40th anniversary of the Wapping dispute, this Morning Star special supplement traces the long-planned conspiracy that led to the mass sackings of printworkers in 1986 – a struggle whose unresolved injustices still demand redress today, writes ANN FIELD


