Newspaper publisher Trinity Mirror today said it had made "good progress" in cutting costs amid the uncertain outlook.
The group said in July that 800 jobs would go over three years as part of measures to save £35 million sterling of annual costs by 2003.
Last year, Trinity Mirror sold the Belfast Telegraph, the North's biggst selling title, to Independent News and Media for £300 million sterling.
Trinity Mirror also said it is reducing its annual investment in digital media by around £10 million from next year. Investment in digital media had been planned at £150 million over the three years to the end of 2002. Today's plans will see that drop to £80 million.
The group said these actions would help mitigate the effects of "the uncertain economic outlook and unpredictable advertising conditions, which are expected to continue into 2002".
Trinity said it had seen "significant volatility" in the advertising market throughout the year - which had deteriorated since September 11th, particularly in its national titles and regional titles in the southeast of England.
Its national newspapers, which include the Mirrorand Sunday Mirror, saw an advertising revenue decline of 1.3 per cent for the third-quarter year.
This has continued into the fourth quarter year, with declines of 10.1 per cent in October and 20.7 per cent in November; December's figures are expected to be similar to those in November.
PA