Friday, 17 June 2011

'Guardian' to cut jobs after £35m loss - Press, Media - The Independent

'Guardian' to cut jobs after £35m loss

By Ian Burrell, Media Editor

Guardian News & Media is poised to announce further annual losses of about £35m next month and will be producing a redesigned and slimmed-down edition of The Guardian newspaper on weekdays, as it looks to save money and put emphasis on its future as a "digital-first organisation".

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