Telegraph.co.uk: News Corp loss of £4.4bn will lead to job cuts
February 6th, 2009Posted by Laura Oliver in Editors' pick, Job losses, Newspapers
News Corporation has posted losses of £4.4 billion for the last quarter of 2008. Rupert Murdoch has warned of job cuts with losses at News Corp’s UK newspapers expected to be announced next week.
Tags: GBP, News Corp, News Corporation, News International, profits, revenues, Rupert Murdoch, Telegraph.co.uk, United Kingdom
Similar posts:
- The First Post: Murdoch’s ‘radical rethink’ for online news; announces $3.4bn loss
- Telegraph: Blocking Sky bid may jeopardise News Corp UK investment, warns James Murdoch
- paidContent: News Corp’s ‘iPad paper’ the Daily to launch on 2 Feb
- Telegraph: European Commission raises rights questions over News Corp Sky bid
- Politico: News Corp’s $1m donation to Republicans ‘isn’t business as usual’
