British Rich Group to cut 220 jobs
The British "Rich" Group, owner of the "Daily Express" and "Daily Mirror," announced the elimination of 220 journalism jobs as part of a major strategic shift due to a decline in referrals from search engines like Google, which led to an 8.1% decrease in revenues in the first quarter of the year. The group is currently focusing on developing digital content, creating 60 new positions to enhance video production and improve audience engagement, while reducing reliance on lengthy articles and emphasizing high-quality content. Additionally, it plans to cut another 65 jobs in its commercial services to adapt to changes in the media market and to rely more on engagement metrics instead of view counts.
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