
The special interest publisher said it has now reduced its UK headcount by 10%, as part of a planned restructure of its UK business.
Speaking to Media Week this morning UK chief executive Mark Wood was unable to disclose the exact number of jobs lost and would not be drawn on whether redundancies were compulsory, but said no further staff cuts were planned and the company was recruiting for digital ventures.
Today's trading update, covering the financial year to 30 September, also indicates an expected 2% fall in annual UK revenue.
In July, Future, which publishes Official Xbox Magazine and Classic Rock, reported it expected one-off costs of £3.5m as a result of reducing both its UK and US headcount, but now adds a further up to £1.4m in costs for its unused UK property.
Last year, the group's reported pre-tax profit was £5.6m.
The company also hinted at a possible sale of its US business after admitting trading conditions were weak.
In July it had said it was taking steps to accelerate making Future US into a primarily digital business, but today it said it was "considering a wider range of strategic options".
Wood said: "We are not too worried. Business is actually very strong, we’ve got a lot of things going on right now which are very positive."
"Digital revenues are still doing very well. We have had a couple of new launches that are doing very well, the rest of the print portfolio is doing well and advertising revenue also looks as though it is going to be up."
In May, the publisher announced its digital activities were in profit for the first time, driven by a digital ad revenue increase of 44% in the UK.
However, print revenues for the six months to 31 March fell by an estimated 10% to 12% year on year, and in July, the group announced it would restructure its UK business.
Last month, Future acquired the licensing rights to publish tech blog Gizmondo in the UK, and entered into an online video deal with blinkx.
The group has also announced the closure of car and tech gadget magazine Redline.
Future magazine titles highlighted to be at risk of closure include: DVD & Blu-Ray Review; Hi-Fi Choice; What Satellite & Digital TV; Home Cinema Choice; London Tech Guides & Bookazines; Photoshop Focus Guides and Nitro.
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