Earlier this week, the US editor-in-chief Jon Auerbach left the company and the publishers of Metro Boston and Metro New York, a joint venture with The New York Times, resigned.
According to reports from rival US papers, Metro International has put its US portfolio, which includes Metro Philadelphia, up for sale. Some believe The New York Times could acquire the remainder of Metro New York and Metro Boston, where it also owns the Boston Globe.
Per Mikael Jensen, chief executive of Metro International, told Brand Republic he would not comment on the reports, which he described as "rumours".
According to Jensen, the job cuts affected 15%-20% of Metro's US workforce and will help the company work more efficiently with a central desk and satellite system, as in its other operations.
Metro has sent Robert Patterson, its London-based executive vice-president, to implement the measures in the US. Patterson was unavailable to comment at the time of publication.
In a statement put out yesterday by Metro announcing the 27 redundancies, Patterson said: "These measures are part of a comprehensive plan to move all of Metro International's US operations to profitability. With this cost-efficient set-up we have established a platform from which we can continue to develop Metro in the US."
The company has lost over $10m (£5.05m) in the past 12 months on its US operation, according to its results.
Metro International commenced a strategic review of its operations in October last year, in the same month it reported a third quarter loss of $18.2m.
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