UK Telegraph staff face cuts after Axel Springer takeover
One source
What the source said
The National
“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 and chief executive Carolin Hulshoff Pol said in an email to staff on Friday, which was seen by…
Read at The NationalReported by one source so far. It is confirmed when a second, independent source reports the same thing.