Stephen Brook of the Guardian newspaper in London reports that the Financial Times business newspaper plans to cut 60 positions.
“Dan Bogler, the FT managing editor, told journalists that six library staff faced possible redundancy along with two staff from his office.
“The Financial Times chief executive, John Ridding, announced the redundancies to staff in an email yesterday.
“‘We are continuously looking to streamline our organisation, to make it as efficient as possible and to adapt it to the rapidly changing media industry,’ Ridding said.”
Read more here.
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