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Managers at the Northcliffe Media-owned title said everything was being done to avoid compulsory job losses.
BBC: Express and Echo
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Managers at the Northcliffe Media-owned title said there was a chance of editorial staff being made redundant.
BBC: Torbay's daily Herald Express to go weekly
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In a statement, Daily Mail and General Trust said that it was "currently in talks regarding the future of Northcliffe Media".
BBC: Person typing at keyboard
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On Sunday, Daily Mail and General Trust said it was in talks over the future of its Northcliffe Media local media arm.
BBC: Person typing at keyboard
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Northcliffe Media's titles include the Leicester Mercury, Bristol Post and Derby Telegraph.
BBC: Person typing at keyboard
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The chairman of Local World will be David Montgomery and its chief executive will be Steve Auckland, currently the chief executive of Northcliffe media.
BBC: Daily Mail sells regional newspapers to Local World
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The big players in regional media Johnston Press, Newsquest, Northcliffe Media and Trinity Mirror, which between them control around half the market grew swiftly during the boom years.
ECONOMIST: To survive, local newspapers are becoming more local
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The background is that Mr. Auckland is a senior executive (CEO) within Northcliffe Media, the local newspaper arm of the company that owns the Daily Mail.
FORBES: Twitter And The Streisand Effect: Steve Auckland Should Grow A Pair
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Local World acquired the newspapers when it took over Northcliffe Media, the regional publishing arm of Daily Mail and General Trust and Iliffe News and Media last December.
BBC: Plymouth's The Ship for sale as Herald and WMN move
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Earlier this year, the Daily Mail and General Trust (DMGT) cut 1, 000 jobs at its regional arm Northcliffe Media, which publishes more than 100 newspapers in England and Wales.
BBC: Johnston Press starts charging for online local news
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Trinity Mirror then announced it was working on forming a new company comprising the assets of Northcliffe and of Iliffe News and Media.
BBC: Person typing at keyboard
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Associated Northcliffe Digital, an arm of the media group that runs the Daily Mail newspaper, is rolling out a string of town-oriented websites.
ECONOMIST: Local newspapers in peril