Guardian Announces Plans to Cut 180 Jobs

Such dreadful news, our thoughts and heartfelt sadness go to the great journalist at the Guardian as it announces plans to cut 180 jobs.

Revenues expected to be down by more than £25m as effects of pandemic hit media industry.

The Guardian has announced plans to make job cuts in both editorial and commercial roles, as the economic shock caused by the coronavirus pandemic continues to impact the media industry.

The proposals could affect up to 180 jobs – 110 in departments such as advertising, Guardian Jobs, marketing roles, and the Guardian Live events business, with 70 coming from editorial.

The editor-in-chief, Katharine Viner, and the Guardian Media Group chief executive, Annette Thomas, said in a joint statement to staff that the pandemic had created an “unsustainable financial outlook for the Guardian” with revenues expected to be down by more than £25m on the year’s budget.

They said Guardian Media Group, the parent company of the Guardian and the Observer, was facing “unsustainable annual losses in future years unless we take decisive action” to reduce costs.

Original Source: The Guardian