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Guardian News & Media to cut more than 100 jobs

Source: Media | guardian.co.uk

Nov 11, 2009

Summary

Newspaper group says revenues have fallen by a worse-than-anticipated £33m

More than 100 editorial and commercial jobs are to be cut at Guardian News & Media, staff were told today.

Staff in GNM commercial departments are due to be told about the impact of the latest cost cutting on their jobs by 9 December, while changes at editorial will take longer to complete because cuts are being managed through voluntary redundancies and redeployment. GNM publishes the Guardian, the Observer and the guardian.co.uk website network, which includes MediaGuardian.co.uk.

GNM also revealed in the series of staff briefings today that the Guardian's Thursday Technology print section will cease publication at the end of the year.

A series of publishing cuts at the Observer were revealed to the paper's staff yesterday, including the closure of the Music Monthly, Woman and Sport Monthly supplements, the Escape travel section and the separate business and personal finance section.

The redesigned Observer will hit newsstands next year with four weekly sections and supplements – news, sp

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Comments (1)

Chaim,

Nov 12, 2009

Lay-offs strikes again. In this though times we should also be on guard when this things happens. Just about everyone has a tight budget, or at least a tighter one these days, and we could all use a few ways to save money. Well, here are a few tips so save money and free up a little green: Carefully manage your electricity usage. Also, cut down on ATM fees – withdraw cash from your bank in larger amounts, and budget that cash for the week, or only use debit where there aren't fees. Stop signing up for bank programs that carry fees, like overdraft protection. If you budget correctly, you won't ever need it, and stop using credit cards. Those are just a few tips to save money, and free up some extra cash. At least, when this scenario happens you wouldn't find yourself in such a bind.