Financial Times Editor Announces Digital-first Strategy
Posted: 1/22/2013 | By: Josh Halliday | The Guardian
The Financial Times editor, Lionel Barber,
has announced plans to move the title to a digital-first strategy in a
move he described as a "big cultural shift" for the business daily, and
cut 35 jobs.
Barber said the FT will make a net headcount
reduction of 25 – after hiring 10 journalists for digital roles – in an
effort to save £1.6m this year as part of the strategy, outlined to
staff in a memo on Monday, seen by MediaGuardian. He added that the FT
needed to be "reshaped for the digital age".