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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/dmgt-cuts-jobs-in-tough-quarter.jpg"><img class="alignnone size-full" title="Daily Mail and General Trust reported 332 consumer media job losses for the three months to January 2" src="http://londonglossy.com/wp-content/uploads/2011/02/min-dmgt-cuts-jobs-in-tough-quarter.jpg" alt="Daily Mail and General Trust reported 332 consumer media job losses for the three months to January 2"/></a></p>
<p>The publisher of the Daily Mail and Mail on Sunday said it had slashed its regional newspaper workforce by another 8% as revenues and circulation continued to fall.</p>
<p>Daily Mail &#038; General Trust (DMGT) reported 332 consumer media job losses for the three months to January 2, mainly across Northcliffe Media, which includes around 100 regional titles.</p>
<p>The blow came as Northcliffe suffered a 6% drop in ad revenues and 3% fall in circulation during a difficult three months for the newspaper sector.</p>
<p>The fall was maintained in January, down 6% year-on-year.</p>
<p>Its Associated Newspapers national newspaper division saw a better quarter, despite being impacted by the snow in December as underlying ad sales rose 5%. However, growth slowed to 2% in January.</p>
<p>DMGT&#8217;s shares fell by as much as 2%, but were performing strongly ahead of Wednesday&#8217;s update.</p>
<p>Martin Morgan, chief executive of DMGT, said: &#8220;Trading in the first quarter has been in line with our expectations, despite our consumer businesses being hampered by the poor weather in December.&#8221;</p>
<p>Group-wide underlying revenues rose 5% to £497 million in the first quarter.</p>
<p>Its Associated division saw print ad revenues rise 3% and digital business surge 73%, driven by its increasingly popular Mail Online service.</p>
<p>The business-to-business arm also continued to show strong growth as underlying revenues rose 11%.</p>
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