Earlier this month The Telegraph announced intentions to cut 80 positions as the newspaper moved to share resources with its Sunday operation, The Guardian reported. These layoffs signify a 14 percent reduction in staff, which previously consisted of 550 editorial workers. The redundancies will be met with 50 new “digitally-focused” jobs, resulting in a net loss of about 5 percent. Most of the job losses will come from The Sunday Telegraph rather than the weekday operation.
Chief Executive Murdoch MacLennan said the merger shows the newspaper’s digital-first ambitions, solidified with an £8 million investment “to complete our transition to a digital business,” according to The Guardian.
In February Managing Director Andrew Mullins declared the Levedev titles’ intentions “to become one of the very first truly integrated multimedia companies, publishing continuously on print, TV and other digital platforms.” He said that its soon-to-be-launched local TV channel London Live will share journalistic resources with other titles, according to MediaGuardian.