Telegraph owner poised to make newsroom job cuts in investment promise U-turn

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Guardian Business

Telegraph owner poised to make newsroom job cuts in investment promise U-turn

Exclusive: German media group Axel Springer said to be planning between 50 and 100 editorial redundancies The new owner of the Telegraph is preparing to make significant job cuts to its newsroom, just months after stating it would invest in the title to make it the “leading centre-right media outlet in the English-speaking world”. Axel Springer, the German media company overseen by its billionaire chief executive, Ma…