Following yesterday’s news that the Times and Sunday Times are looking to cut 80 staff between them and editorial budgets by 10 per cent to stem sever daily losses of around £240,000, Times editor James Harding has told staff that all departments will be involved in cost-cutting to protect the future of its journalism:
In an email to staff, reports MediaGuardian, Harding says:
We are clearly in a period of galloping technological change and we need to ensure that we have the resources to invest so that we can lead the market in digital journalism (…) Today, we are starting a process to cut costs, reduce our losses and free up resources for the future of our journalism.
Meanwhile, Will Lewis’ departure from the Telegraph has been followed by exits for Chris Lloyd, deputy managing editor at Telegraph Media Group, and Rhidian Wynn Davies, consulting editor – both key executives in Lewis’ digital operation, Euston Partners.
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