Mail newspapers to axe 400 jobs

The owner of the Daily Mail and The Mail on Sunday is axing 400 jobs as it battles against plunging advertising sales.

Daily Mail and General Trust (DMGT) said the staff cuts were being made group-wide as part of an overhaul under new chief executive Paul Zwillenberg, who took over at the helm on June 1.

The group is also looking at closing some offices where it has a number of sites, such as in London and New York, to slash costs under the reorganisation.