Evening Standard to cut 115 jobs as Covid-19 hits advertising

Print edition of London paper will remain but focus will shift to digital and mobile platformsCoronavirus – latest updatesSee all our coronavirus coverageThe Evening Standard is to cut 115 jobs, a third of its staff, as the London freesheet seeks a dramatic reduction in costs to survive the coronavirus pandemic.The newspaper has been hit particularly hard by the coronavirus pandemic as it relies on advertising for 80% of its revenues. The Evening Standard was already struggling before advertisers pulled or froze their budgets during the pandemic, running up losses of £40m over the last three years. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-08-07 10:58:35 UTC ]
News tagged with: #coronavirus pandemic #evening standard #latest updatessee #dramatic reduction

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When Covid struck the Wolitzers, Meg and Hilma bonded by creating a book. Let them tell you about it.

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Chinese education changes could hit ELT divisions at UK publishers

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Louis Theroux charts 'weirdness of Covid world' in Pan Mac deal

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Louise Penny’s latest mystery imagines a post-covid world. Things are still pretty complicated.

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Are the Navy SEALs actually awful at their jobs?

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Hitting the Books: How Tesla engineers solved the problem of exploding EV batteries

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