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Daily Mail and Independent consider merging back-office IT

Rebecca Thomson
Wednesday 26 November 2008 10:29

The back-office IT of the Daily Mail and the Independent could be merged in a cost-cutting exercise.

Daily Mail publisher DMGT (Daily Mail and General Trust) cut 400 jobs recently in a bid to help cut £100m of costs, after a 9% fall in full-year pre-tax profits to £262m.

The Daily Telegraph reported that Independent News had been in touch with the group. The pair could look at merging human resources, IT, finance and accounting departments.

Both publishers have seen a slump in advertising revenues.

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