KM Folkestone office escapes closure in "restructuring"
The Kent wide KM Group, is planning to restructure its organisation with the loss of 61 jobs. The company, which runs local newspapers including the Kent Messenger and KM Extra, websites and kmfm radio stations across Kent, says the poor economic climate has caused revenue to drop by 25 to 30 per cent, costing it £9 million in revenue in a full year.