Friday, November 28, 2008

Telegraph to shed 10% of editorial staff

Telegraph Media Group (TMG) has confirmed that it will cut 50 jobs from its editorial staff.

The losses, which TMG attributed to the "continuing and accelerating fall" in advertising revenue and the soaring cost of newsprint, represent 10 per cent of the editorial staff of The Daily Telegraph and The Sunday Telegraph. About 500 people will remain in editorial after the cutbacks.

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