Guardian News and Media, which owns The Guardian and The Observer newspapers, is to cut another 250 jobs in its latest effort to erase losses that came in at nearly £60m last year.
In total, the group will slash its workforce by 310 jobs, with 60 current vacancies not being filled, The Guardian itself reports. There will be 100 positions cut from editorial, which hope will be executed through voluntary redundancies, although they have not ruled out compulsory cuts if not enough staff come forward.
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