The Daily Mail and General Trust plans to cut 1,000 jobs across its newspaper division as advertising revenue continues to decline in the print sector, reports BBC News.

In a trading update, the company revealed cost cuts across its newspaper division, including the Daily Mail and free daily Metro, as expected advertising revenue during the first quarter is set to drop by 24 percent.

At the company's regional arm, the Northcliffe Media group, DMGT reports that the job cuts are more than double the estimated amount of November last year. The regional publishers listed an inflated first quarter advertising decline of 37 percent, according to the BBC.

The "vast majority" of cuts are complete or near completion under consultation, said a company spokesman.

Northcliffe Media publishes 113 papers in England and Wales with a circulation of 4.1 million copies a week. Amid massive advertising droughts and an ongoing financial crisis the company has experienced a "difficult quarter" and has predicted a "substantial fall" in profits for the first economic half of 2009, the BBC reported.