Closure of INM printing plant may result in 80 job losses
Independent News & Media (INM) is to close its printing plant at Citywest early next year. More than 80 jobs would be lost under the proposed plan.
The company, bought earlier this year by Belgian headquartered Mediahuis, said the decision to shut the plant had been made in light of a continuing decline in circulation and advertising revenues, combined with higher than expected numbers applying for a Voluntary Severance scheme.
Independent News & Media (INM)
INM publishes the Irish Independent, Sunday Independent and the Herald.
At the start of October management at INM Group Ltd had looked to cut 20 to 25 jobs through a Voluntary Severance programme.
It had been reported earlier this year that INM’s board was in talks to shut the plant, and to outsource printing of its newspapers to the ‘Irish Times’ but that plan had been sidelined – initially – following the takeover of INM by Mediahuis.
