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Global Banking and Finance Review

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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Daily Mirror publisher plans job cuts in biggest ever reorganisation

    Daily Mirror publisher plans job cuts in biggest ever reorganisation

    Published by Global Banking and Finance Review

    Posted on September 8, 2025

    Featured image for article about Headlines

    LONDON (Reuters) -Daily Mirror publisher Reach Plc will shed 321 jobs in a restructuring of the British news group that would also see the creation of 135 new roles, according to an internal memo shared with staff on Monday.

    A legacy UK publisher traditionally focused on text, Reach Plc has been increasingly concentrating on multimedia - from podcasts to short video clips - as it adapts to the ways Britons consume news in the era of mobile phones and social media.

    The more-than-a-century old company, which has both national and local news titles, also plans to trial subscription models for some titles this year, although its new boss Piers North reassured in July that the "bulk" of its content would still remain free to air.

    "Our new structure represents the biggest reorganisation we've ever undertaken, even more than in the early days of the digital revolution," Chief Content Officer David Higgerson said in a statement shared by the company via email. "The changes we are seeing in the landscape right now demand a wholesale change in how we operate and how we tell stories."

    Stressing the need to adopt a different way of working "from top to bottom," he added that around 135 new roles would be created, many in the live news network and video teams at the company, which has a catalogue of more than 120 print and online titles.

    (Reporting by Muvija M; Editing by Alistair Bell)

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