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Murdoch's News International cuts UK editorial jobs

Wed Jun 6, 2007 12:21pm EDT

LONDON, June 6 (Reuters) - Rupert Murdoch's News International NWSa.N said on Wednesday it was cutting jobs at its four national British newspapers to reduce costs amid ongoing revenue pressures in the industry.

The company did not say how many jobs would go, but a www.mediaguardian.co.uk Web site report said 50 were being cut as part of a drive to secure savings of 30 million pounds

($59.84 million).

The report said 20 editorial posts were going at the News of the World weekly tabloid, 30 jobs at the daily Times newspaper, with further cuts expected at the Sun tabloid and Sunday Times.

The cuts, which follow a number of previous redundancies, mirrored moves by all UK newspaper groups, News International Executive Chairman Les Hinton said in a statement to senior staff.

"This is necessary because newspaper revenues are coming under pressure at a time when other costs are rising and we are also investing in digital media," Hinton said.

"Our competitors have all announced job cuts and efficiency programmes over the past 12-18 months, many on a far larger scale," he added.

News International said it would also seek voluntary redundancies.

((Reporting by Gavin Haycock, editing by Will Waterman; gavin.haycock@reuters.com; Reuters Messaging: gavin.haycock.reuters.com@reuters.net; +44 0207 5427954))

($1=.5013 Pound) Keywords: MEDIA NEWSINTERNATIONAL/JOBS

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