UK Telegraph staff face cuts after Axel Springer takeover
Staff at Telegraph Media Group received notice on Friday of a round of job cuts just months after the German company Axel Springer took control. The British newspaper publisher was bought out earlier this year on the promise of fresh investment, but after examining the business the newspaper is to start a consultation period. Staff at risk received an email by midday, Telegraph editor Chris Evans…
We haven't written up this one. The National UAE has the full story — the link below goes straight to it.