Newspaper group Trinity Mirror is planning to centralise
its disparate IT operations, as part of a plan to cut its annual
costs by £25m by 2005.
The company, which publishes the Daily Mirror, Scottish Daily
Record and Sunday People as well as 260 regional newspapers, last
week outlined a three-phase plan to revitalise and grow its
business.
Speaking as Trinity Mirror announced its half yearly results last
week, the group's chief executive Sly Bailey said "significant"
savings would be made in all areas, with IT, finance and human
resources coming under the spotlight first.
A spokesman for Trinity Mirror said the centralisation of the
company's IT operations would be key to achieving the savings
outlined by Bailey. "In the past, we feel more effort could have
been made in areas such as IT, where we have economies of scale,"
he said.
"Expert functions, such as IT, have been managed by individual
businesses. We want to centralise so we can maximise benefits of
scale."
Trinity Mirror has also announced plans to cut 550 jobs across all
areas of the business, and these will include IT staff, the
spokesman confirmed.