Published on June 30th, 2015 | by BoyleToday.com
More job losses at Roscommon Herald
Another wave of redundancies comes into force in the Roscommon Herald in Boyle this week.
It is understood the pre press department, where the newspaper’s pages are designed, is transferring to other titles in the Cork owned newspaper group, resulting in a number of employees in Boyle losing their jobs.
All that will remain between offices in Boyle and Roscommon will be a small number of administration staff, journalists and sales people.
The finance department and part of the administration department in Boyle were also moved out of the town to Cork last September resulting in a number of redundancies at the time.
In December 2014, Landmark Media Investments, the company behind the Roscommon Herald and several local newspaper titles and radio stations, reported a loss of almost €700,000 in the first 11 months of its existence.
In a note accompanying accounts at the time, the directors said the company continued to receive the financial support of its main lender, AIB, with sufficient funding in place for the next 12 months of operation.
Newspaper circulations have been falling in the majority of titles in Ireland in the last number of years with the sales of many newspapers now at an all time low.
Current circulation figures for the ‘Herald from the Audited Bureau of Circulation (the company that measures circulation in the industry) are not available as the Roscommon Herald have withdrawn from having their sales figures audited independently by this company.