DMGT cuts jobs in tough quarter

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;02&sol;dmgt-cuts-jobs-in-tough-quarter&period;jpg"><img class&equals;"alignnone size-full" title&equals;"Daily Mail and General Trust reported 332 consumer media job losses for the three months to January 2" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;02&sol;min-dmgt-cuts-jobs-in-tough-quarter&period;jpg" alt&equals;"Daily Mail and General Trust reported 332 consumer media job losses for the three months to January 2"&sol;><&sol;a><&sol;p>&NewLine;<p>The publisher of the Daily Mail and Mail on Sunday said it had slashed its regional newspaper workforce by another 8&percnt; as revenues and circulation continued to fall&period;<&sol;p>&NewLine;<p>Daily Mail &&num;038&semi; General Trust &lpar;DMGT&rpar; reported 332 consumer media job losses for the three months to January 2&comma; mainly across Northcliffe Media&comma; which includes around 100 regional titles&period;<&sol;p>&NewLine;<p>The blow came as Northcliffe suffered a 6&percnt; drop in ad revenues and 3&percnt; fall in circulation during a difficult three months for the newspaper sector&period;<&sol;p>&NewLine;<p>The fall was maintained in January&comma; down 6&percnt; year-on-year&period;<&sol;p>&NewLine;<p>Its Associated Newspapers national newspaper division saw a better quarter&comma; despite being impacted by the snow in December as underlying ad sales rose 5&percnt;&period; However&comma; growth slowed to 2&percnt; in January&period;<&sol;p>&NewLine;<p>DMGT&&num;8217&semi;s shares fell by as much as 2&percnt;&comma; but were performing strongly ahead of Wednesday&&num;8217&semi;s update&period;<&sol;p>&NewLine;<p>Martin Morgan&comma; chief executive of DMGT&comma; said&colon; &&num;8220&semi;Trading in the first quarter has been in line with our expectations&comma; despite our consumer businesses being hampered by the poor weather in December&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Group-wide underlying revenues rose 5&percnt; to £497 million in the first quarter&period;<&sol;p>&NewLine;<p>Its Associated division saw print ad revenues rise 3&percnt; and digital business surge 73&percnt;&comma; driven by its increasingly popular Mail Online service&period;<&sol;p>&NewLine;<p>The business-to-business arm also continued to show strong growth as underlying revenues rose 11&percnt;&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed11e144f0a">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed11e144f0a'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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