The Independent newspaper and its Sunday sister title will cut up to a quarter of their editorial staff in one of the most savage cuts to hit the UK newspaper industry in recent years, as management seeks £10m of savings the company said on Tuesday.
The UK operations of Sir Tony O’Reilly’s Independent News & Media (INM) will see a total of 90 employees made redundant by early 2009 out of a total of 424 staff in its London office. But the brunt of the cuts, about 60 jobs, will come from the 250 or so editorial staff.