Telegraph job cuts symptomatic of media contraction

Media workers across the UK face an increasingly uncertain future amid a number of reports of job losses and low morale.

On Friday it emerged that the Daily Telegraph and Sunday Telegraph newspapers are axing 90 journalist jobs – 17 per cent of their editorial staff.

The Telegraph Group says the cuts are needed to fund an £150m investment in new printing facilities.

The news followed Pearson’s announcement that the Financial Times is to offer voluntary redundancy to 30 journalists.

And following the takeover of Channel 5 News by BskyB staff face an uncertain future.

Meanwhile, staff at the UK’s biggest broadcasters, BBC and ITV, are awaiting news of redundancies, due to be announced later this year.

 

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