Evening Standard to reinvest savings from job losses into digital and distribution

Steve Auckland: investing in distribution and digital at Standard
Steve Auckland: investing in distribution and digital at Standard

The London Evening Standard will invest all of the savings made by an ongoing redundancy programme among its editorial team back into the business, with a notable investment into the daily newspaper's distribution and digital operation, according to its chief executive.

An ongoing consultation process with up to 17 editorial roles is currently taking place at the publisher.

Among those known to be affected include former editor of The Independent and city editor at the Evening Standard, Chris Blackhurst, feature writer Nick Curtis, literary writer Katie Law, arts editor Fiona Hughes and transport editor Matthew Beard.

Steve Auckland, chief executive of ESI Media, said any savings made by the redundancies will be ploughed directly back into the business in 2015.

He said: "We will be investing heavily in our distribution network. We can improve how the Standard looks on the streets of London and how it is distributed. We want to get a bit of theatre going at key stations."

Auckland added The Standard is also set to launch a new website in April, making its digital presence far more mobile-friendly and fit for the social media age.

Auckland's comments follow the publisher coming under fire frrom the National Union of Journalists earlier this week amid suggestions that journalists at the Standard appear to bearing the brunt of  losses being made elsewhere within the group.

The Standard made a small profit in its last financial year, but sibling Independent is a loss making title and the group's local TV venture London Live has struggled to achieve its initial ambitions for advertising.

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