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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S&S acquires Pope Francis' 'inspiring' guidance for Covid-hit world

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Daily Mail publisher to cut up to 100 jobs as revenues fall

DMGT says quarterly print advertising down 69% and digital income down 17% The publisher of the Daily Mail, Mail on Sunday, the i and Metro is to cut up to 100 roles as the coronavirus pandemic continues to hammer the newspaper and magazine industry.Daily Mail & General Trust, which also... Continue reading at The Guardian

[ The Guardian | 2020-08-13 11:23:11 UTC ]
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Tate to cut over 300 jobs at commercial arm

Tate has announced it is making 313 redundancies in its commercial operations, Tate Enterprises, including at its bookshops and publishing arm. Continue reading at The Bookseller

[ The Bookseller | 2020-08-12 12:23:19 UTC ]
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SoA launches fundraising drive as money for Covid-hit writers runs low

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[ The Bookseller | 2020-08-09 17:04:03 UTC ]
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CUP scores slim revenue rise despite Covid-19 hit

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[ The Bookseller | 2020-07-30 15:46:19 UTC ]
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Toronto's Pearson airport cuts 1/4 of staff due to reduced travel demand amid COVID-19 pandemic

The biggest airport in Canada is eliminating 500 jobs because of the dramatic reduction in demand for air travel due to COVID-19. Continue reading at CBC

[ CBC | 2020-07-14 14:02:27 UTC ]
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The Sun and Times publisher warns of job cuts due to coronavirus

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[ The Guardian | 2020-06-11 12:06:20 UTC ]
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News Corp Cuts More Jobs, This Time at Its Metropolitan Newspapers

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[ Editor & Publisher | 2020-06-09 21:44:49 UTC ]
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News Corp cuts more jobs, this time at its metropolitan newspapers

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[ The Guardian | 2020-06-09 09:47:40 UTC ]
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News Corp Carnage: Fine Print Reveals Even Greater Hit to Local Journalism

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News Corp carnage: fine print reveals even greater hit to local journalism | The Weekly Beast

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[ The Guardian | 2020-05-29 01:07:11 UTC ]
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News Corp to cut hundreds of jobs in move towards digital-only publishing

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[ The Guardian | 2020-05-27 10:53:51 UTC ]
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Hanley Wood Lays Off Staff and Cuts Salaries, Citing COVID-19 Decline

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[ Folio Magazine | 2020-05-19 13:43:21 UTC ]
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Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

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Pearson warns Covid-19 will hit profits and pauses share buyback

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Gannett: ‘Frontline’ reporting jobs will be last to get cut

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