Around 90 commercial staff at Independent News and Media are being temporarily laid off due to Covid-19.
The company publishes both national and regional newspapers including the Irish Independent, Sunday World and Irish Daily Star.
It says the decision follows a drop in advertising.
The pay of senior management at the company will also be cut by 10 percent.
The business, which employs around 800 people nationally, says its editorial, print and distribution sections aren't directly affected by the cost saving plan.