INM to axe 100 jobs as it seeks to cut costs

A further 100 jobs are to be cut at Independent News & Media as part of the group’s continuing cost reduction programme.

The planned measure will cut 10% of INM’s Irish staff numbers, lowering head count from 1,100 to 1,000. Cuts are envisaged across all aspects of the company’s operations in this country.

The group cut operating costs by €9.2m last year, with a cost reduction of around 8% in its Irish operations alone.