Financial Times FT.com

Independent to shed quarter of journalists

By Ben Fenton, Chief Media Correspondent

Published: November 18 2008 12:14 | Last updated: November 18 2008 14:42

The Independent newspaper and its Sunday sister title will cut up to a quarter of their editorial staff in one of the most savage cuts to hit the UK newspaper industry in recent years as management seeks £10m of savings, the company said on Tuesday.

The UK operations of Sir Tony O’Reilly’s Independent News & Media (INM) will make redundant a total of 90 employees by early 2009 out of a total of 424 staff in its London office. But the brunt of the cuts, about 60 jobs, will come from the 250 or so editorial staff.

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