News Corp To Trim Newspaper Jobs In US And UK

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Financial Times   |  Kenneth Li, Ben Fenton   |   February 4, 2009 01:04 AM

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News Corp is expected to trim jobs at its London and New York newspapers in the coming weeks, company insiders say, as a steep decline in print advertising has forced sharp cost reductions on the news business.

News International, whose papers include The Times, Sunday Times and The Sun, is in the final stages of an efficiency review conducted by the Boston Consulting Group and could cut up to 50 jobs, or some 2.5 per cent of its staff, although some new posts may be created.

Read the whole story here.

News Corp is expected to trim jobs at its London and New York newspapers in the coming weeks, company insiders say, as a steep decline in print advertising has forced sharp cost reductions on the news...
News Corp is expected to trim jobs at its London and New York newspapers in the coming weeks, company insiders say, as a steep decline in print advertising has forced sharp cost reductions on the news...
 
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- Diplomacy I'm a Fan of Diplomacy 10 fans permalink

Ah, shucks! Too bad, Rupert.

That's what happens when you report 'unfair' & 'unbalanced' crap! Wall Street Journal hurting? Well, NY Times got rid of Kristol, maybe you should think about him as your first layoff.

You just don't get, do you? People don't buy papers or watch channels that continually beat up a very popular President.

    Favorite    Flag as abusive Posted 12:02 PM on 02/05/2009
- noudidnt I'm a Fan of noudidnt 30 fans permalink

Could Fox and FoxNews be far behind. This is God's will. lol

    Favorite    Flag as abusive Posted 05:15 PM on 02/04/2009
- Ozarks I'm a Fan of Ozarks 46 fans permalink
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Lets hope Billo, Hannity and Glenn Beck are in the "50" to be laid off by Murdock

    Favorite    Flag as abusive Posted 12:48 PM on 02/04/2009
- judiNJ I'm a Fan of judiNJ 54 fans permalink
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Yes, let's just shut down Fox News altogether.

    Favorite    Flag as abusive Posted 10:49 AM on 02/04/2009
- Chavez08 I'm a Fan of Chavez08 58 fans permalink
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Murdoch should stay in China where his loyalty is.

    Favorite    Flag as abusive Posted 09:26 AM on 02/04/2009

Thanks for putting yourself out of business Rupert. Your hired windbags make most media a painful distraction.

    Favorite    Flag as abusive Posted 07:08 AM on 02/04/2009
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Nothing would please me more than for the Murdoch heirs to have nothing left to fight over. I hope FOX bleeds big bucks.

    Favorite    Flag as abusive Posted 01:59 AM on 02/04/2009
- Beninn I'm a Fan of Beninn 33 fans permalink
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Just remember that this is all due to the greed and incompetence of Bush, Cheney and Republicans.

    Favorite    Flag as abusive Posted 01:22 AM on 02/04/2009
- wordvarc I'm a Fan of wordvarc 32 fans permalink

Please, say goodbye to O'Reilly.

    Favorite    Flag as abusive Posted 01:16 AM on 02/04/2009
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