Norwegian publisher Schibsted closed the print edition of Segunda mano, the largest circulated classified newspapers in Spain. Schibsted has decided to serve the market exclusively through its website. As a result of this decision, 217 workers were laid-off.

Schibsted also owns 80% of the free newspaper 20 Minutos in Spain.

20 Minutos had advanced a lot in circulation and revenues in recent years. However, the current decline in economic activity in Spain has precipitated a decline in advertising revenue and losses of 5.7 million euros. 14 employees were recently dismissed from 20 Minutos.

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Portada Staff

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