The Guardian is going through a lot of personal belongings-sized cardboard boxes these days. The London-based company’s job-cut tally has hit 268, with 69 of those coming from the newsroom, TheWrap has confirmed.
Prominent journalists who have taken the voluntary buyout package include Middle East editor Ian Black, senior digital editor Matt Wells and defense/security specialist Richard Norton-Taylor, Politico reports. Additionally, reporters Shiv Malik and Ed Vulliamy, and mobile editor Subhajit Banerjee have accepted severance.
David Marsh reportedly headlines the production staffers and copy editors who have walked away. The Guardian had no comment to TheWrap on the individuals who accepted redundancy.
This morning, parent company Guardian Media Group unveiled a record £173m (about $285 million) pre-tax loss, per media coverage, due to belated write-downs and this ongoing reorg.
In March, the Guardian announced it aimed to trim 250 jobs, with about 100 coming from the editorial team. Executives there plan to reduce costs by 20 percent.
Last June, Alan Rusbridger officially stepped down as Guardian editor-in-chief.