News Corp. cuts print jobs in UK


It's hard to find a major newspaper anywhere that isn't reducing staff these days, but News Corporation seems to have chosen an inopportune time to trim the editorial staff at its four national newspapers in the UK. The cuts to save an estimated 30 million pounds (59 million US bucks) annually comes as News Corporation CEO Rupert Murdoch is trying to sweet talk the Bancroft family into selling him Dow Jones & Co., including the Wall Street Journal, for five billion bucks.

The main WSJ union is already battling fiercely against any sale to Murdoch and the job cuts in the UK will likely add to staff fears of a sale to News Corporation. According to the rival Guardian newspaper, the newsroom cuts at the four papers owned by News International, a News Corporation subsidiary, total 100 people from some 1,400 currently employed.