CNBC to Cut London Live TV News to Focus on Digital Expansion

CNBC International is to cut live TV news it produces out of London by a third and close its Paris and Tokyo bureaus, as part of drive to increase investment in digital operation.

 

The business and financial news organisation, which has launched a staff consultation that will see about 5% of its international workforce put at risk of redundancy, is to reduce its London-based live TV news from six to four hours a day.

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