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Jan 22, 2013

FT goes ‘digital first’: cost pressures force job cuts

The Financial Times -- ahead of the pack on digital revenue gathering -- will go finally go "digital first" and pare back its newspapers. A number of jobs will be cut.

Glenn Dyer — <em>Crikey</em> business and media commentator

Glenn Dyer

Crikey business and media commentator

The day Pearson, owners of the Financial Times newspaper, detailed a weak trading update for 2012 the paper’s editor Lionel Barber has revealed plans to cut jobs and push deeper into what he calls a “digital first” environment which will see the paper move from a being “a news business” to a “networked business”. The move is important: of all the world’s major papers, FT has gone furthest (and deepest) in transforming its business model to a digital world.

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