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150 editorial jobs to be shed at The Times and Sunday Times

By Hamish Mackay

October 21, 2011 | 2 min read

The Times and Sunday Times are to shed a total of at least 150 editorial posts as News International slashes its editorial bill of around £100m for the two newspapers.

The Times will cuts 15% of its editorial costs as it axes 100 editorial posts out of a total workforce of 700.

And the Sunday Times will shed 20 full-time editorial staff in a 12% cost-cutting exercise while part-time casual staff would be reduced by 30%. Between 50 and 100 positions will be eliminated in total.

At The Times, the majority of the job reductions will come from reducing the number of casual staff – many of whom are sub-editors.

Journalists at The Times will be offered voluntary redundancy although compulsory redundancies have not been ruled out.

At the Sunday Times, all 20 of the redundancies will be compulsory as the broadsheet is not seeking volunteers.

News International sources is blaming the difficult economic climate and the rising cost of newsprint for the job cuts. The company has already restructured its commercial departments.

The Times and Sunday Times reported a pre-tax loss of £45m for the year to June, 2010, compared with an £87.7m loss the previous year.

The Guardian reports today: “It is understood there are no plans to increase The Times’ cover price, drop any sections or reduce the number of pages printed.

“The Sun is not affected by the cutbacks, but News International's tabloid business has already seen the News of the World close this year in the wake of the phone-hacking scandal.

“That led to about 180 job losses, with only a small number of News of the World staff redeployed on The Sun.”

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