By Jim Clark

GateHouse CEO Kirk Davis has not been reached for comment regarding the Journal’s relocation.

The parent company of The Somerville Journal, GateHouse Media, has decided to move its office out of Somerville, opting instead for a new location in Danvers.

The move by GateHouse Media, a subsidiary of New York-based New Media Investment Group, is one of a series of cost-cutting measures recently implemented by the company.

A number of staff layoffs accompanied the decision to close the Journal’s Somerville office, as well as a decision to move the headquarters of The Cambridge Chronicle, another GateHouse publication and the oldest continuously published weekly newspaper, to new offices in Lexington.

New Media is generally regarded as one of the largest print media companies in the country with nearly 500 different publications currently in operation, earning nearly $70 million in profits last year.

The CEO of GateHouse, Kirk Davis, has declined to comment on the recent cuts in staff and the relocation of the individual publication’s offices.