INM cutbacks in the pipeline as board meets

Further redundancies expected following the media group’s move last year to merge titles

Independent News & Media is expected to announce cutbacks at its Irish publishing operations shortly. The company is due to hold a board meeting next week, at which its cost-cutting targets for 2014 will be discussed, it is understood.

INM chief executive Vincent Crowley signalled before Christmas that the media group was examining a fresh round of cost-savings and that this would include a mixture of redundancies and productivity gains.

“Inevitably there are some headcount reductions that will arise,” he said.

Subeditors employed by Real-time Editing & Design (RE&D), to which INM outsourced certain production functions in 2007, have been asked by their chief executive Terry Kavanagh to attend a meeting next Thursday for an update on changes to its Dublin operation.

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INM last year merged some of the editorial operations of the Irish Independent, the Sunday Independent and the Evening Herald at its headquarters on Talbot Street in Dublin, with a view to yielding cost savings.

Laura Slattery

Laura Slattery

Laura Slattery is an Irish Times journalist writing about media, advertising and other business topics