10/20/2011 05:27 pm ET Updated Dec 20, 2011

The Times And Sunday Times Cutting 150 Jobs

The Times and Sunday Times are to cut at least 150 editorial posts, out of their combined full- and part-time workforce of approaching 1,000, as the newspapers aim to slash editorial costs by 15% and 12% respectively.

The Times is to cut 100 editorial posts out of a total workforce of 700, editor James Harding told staff in a briefing early on Thursday afternoon.