MEN Media has announced it is assessing how many staff will take voluntary redundancy as part of a structural review of its Manchester based business.
The review, brought about to meet "unprecedented changes" in the media – the increasing move from print into digital channels – will also see a company-wide 2.5 per cent pay award.
Mark Dodson, CEO of the division, said: "The past two years have seen the rate and pace of change in our industry accelerate beyond all predictions. As a company with a large proportion of its revenues linked to print business, we need to increase our rate of change to meet the digital present as well as the future. This will mean that we will be best placed to face the demands of an increasingly competitive marketplace."
In 2006, the Manchester Evening News launched a part paid, part free distribution strategy as aninitial move to the reshaping of the business. The company has also developed a sister local TV station, Channel M.
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