Eight editorial posts are at risk at Kent-based publisher KoS Media months after its new owners promised ‘further investment’ in the business.
The company, which was bought out by Archant earlier this year, is reducing its editorial payroll from around 24 staff to 16 in response to “challenging trading conditions.”
Staff were told of the move yesterday and a formal consultation period is under way.
The company, which publishes Kent on Sunday and other assorted weeklies, is promising that all of its existing titles will remain in the market.
Paul Stannard, managing director of Archant KOS Media said: “We are reviewing all roles and structures throughout the editorial department due to the current economic forecasts and challenging trading conditions.
“We are consulting with the affected staff to discuss the proposals and see what other suggestions they may have about the future structure of the department. There are potentially a maximum of eight jobs at risk. All of our existing brands will remain in the market.”
At the time of the Archant takeover, the company’s chief executive Adrian Jeakings, said: “This acquisition strengthens Archant’s existing presence in Kent and provides a springboard for further investment. We look forward to working with the managing director Paul Stannard and his team, to develop this vibrant business.”
Mr Stannard said at the time: “I am delighted Archant has taken on full ownership of KoS Media. We will benefit from ownership by a large, well financed, independent group with ambitious plans to grow the business.”