Isle of Man Newspapers says more job losses are on the way.
The company, which switched its printing to the UK earlier this year, says four advertising jobs are at risk.
Closing its printing presses on the Island last month saw seven full-time staff lose their jobs as well as numerous casual workers.
Now, according to managing director Helen Byrne, the editorial team will also face voluntary redundancies.
On its website, she says the company’s board wants to restructure and claims the moves will provide expert content gathering and administrative support as well as maximise revenues.
The company, part of UK group Johnston Press, says it’s considering laying off a senior advertising manager, business development manager, training manager and a field sales advertising representative.
Mrs Byrne says affected staff are currently being consulted.