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Revolving Door Newsletter: 03.12.13
Telegraph Group Cuts Print Jobs; USA Today Offers Buyouts
March 12, 2013
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The Telegraph group is cutting 80 jobs on the print side but creating 50 new digital positions as the company's publications undergo a "root-and-branch restructure." Not surprisingly, everything about the print business is down while the digital side is showing plenty of signs of improvement. Overall, the staff reduction checks in at around five percent of the 550-person editorial staff. The Sunday and daily papers will merge as well. "We must adapt and transform how we function as a business and urgently diversify our revenue streams ...
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