One hundred jobs will be cut at The Guardian and The Observer after their publisher, Guardian Media & News (GNM), reported operating losses of £44.2 million for the financial year 2011/2012. Addressing staff at a briefing on Tuesday morning, Alan Rusbridger, the Editor-in-Chief of the two titles, announced that GNM would be introducing a voluntary redundancy scheme (an agreement with the National Union of Journalists means that at the Guardian titles the forced redundancy of a member would necessitate a strike ballot)
Alan Rusbridger
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