Axel Springer expands magazine and online business

After the Berlin-based publishing house Axel Springer announced the elimination of 266 administrative positions as recently as September of this year, the company is now announcing a hiring drive.

After the Berlin publishing house Axel Springer announced the reduction of 266 jobs in administration in September of this year (see ), the publishing house is now announcing an increase in staff. On the one hand, Axel Springer has recorded an increase of 281 (+ 2.9 percent) employees in the first three quarters of the current financial year. According to SDA, this is the result of the media company's current personnel statistics. On the other hand, further jobs are to be created in the German magazine and online business as well as abroad. Investments are to be made primarily in areas close to the market, which will also result in new jobs. "We are pleased with this development because it proves that it is possible to create jobs with successful new business despite the contrary trend in the industry," explains Mathias Döpfner, CEO of Axel Springer. The Executive Board assumes that staff growth will continue in the coming year with a series of new projects.

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