UPDATE: Guardian to cut 100 jobs; GNM running at £100,000-a-day loss

Following news that the Observer is to cut sections and drop monthly supplements, there were reports yesterday of more than 100 job cuts at owners Guardian News & Media.

The cuts will be made to offset losses as GNM is currently running at a loss of £100,000 a day, according to Brand Republic, and were announced following a strategic review of the group’s papers.

A voluntary redundancy scheme has been introduced and cuts will affect staff across commerical and editorial departments.

The Guardian’s print technology supplement, published on a Thursday, will also be cut and moved online-only, as part of the changes.

2 thoughts on “UPDATE: Guardian to cut 100 jobs; GNM running at £100,000-a-day loss

  1. Pingback: The Guardian’s views on the future of journalism « The Muttered Ramblings of a Wannabe Journalist

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