17th Jul 2014 12:30
LONDON (Alliance News) - Trinity Mirror PLC was the second biggest gainer on the FTSE Allshare Thursday, after it announced that it was consolidating its national brands into a single newsroom, putting eight senior roles into question.
Shares in Trinity Mirror were trading 7.4% higher at 175.00 pence Thursday.
Trinity said that the consolidation will be introduced in the coming months, and has started Thursday with the merger of the Sunday Mirror and Sunday People editorial teams.
The integrated newsroom will result in "more journalists contributing more content across all platforms."
The company said the consolidation will create new roles, and see the organisation make further investments in video, social and data journalism.
Trinity said it will now consult with the affected eight senior staff that "may be affected."
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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