National Magazine Company

Type
Internal restructuring
Country
United Kingdom
Region
London;
Location of affected unit(s)
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.13 - Publishing of journals and periodicals
100 jobs
Number of planned job losses
Job loss
Announcement Date
26 February 2009
Employment effect (start)
Foreseen end date

Description

National Magazine Company, a publisher of magazines, is to cut 100 jobs. The company, which produces titles such as Cosmopolitan and Good Housekeeping, has seen falls in circulation for its magazines. The London-based company currently employs around 700 people. As of 1 March 2009 no date has been given for the implementation of these cuts.

Sources

Citation

Eurofound (2009), National Magazine Company, Internal restructuring in United Kingdom, factsheet number 68389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68389.