Guardian UK to Cut 250 Jobs in Effort to Break Even

Guardian: Guardian Media Group is planning to cut 250 jobs – including 100 in editorial – and to restructure the less profitable parts of the company in a bid to break even within three years.  In total, the UK workforce is expected to be cut by 18%, or 310 jobs, as about 60 positions in both commercial and editorial remain unfilled. The company hopes all cuts will be made by voluntary redundancies.