‘Financial Times’ Laying Off 50 As It Merges Print, Web Operations

By: E&P Staff

London-based Pearson PLC said Tuesday that it is merging the newspaper and Web editing operations at its flagship Financial Times in a move that likely will mean the elimination of 50 jobs.

“The plan, launched today, is to develop a genuinely multi-media news operation — from (assignments), through reporting and editing, to production,” Pearson said in a statement. Pearson called the “new newsroom” plan a “radical re-working of the FT’s current newsroom structure.”

Among the changes are the creation of single newspaper/Web site news desks, an “FT interactive content team,” and a production structure that integrates print and online printing.

The FT said its news operation will be use the new Methode editorial production system that allows Web and print pages to be published from the same platform. The system was installed over the past year, the FT said.

The multi-media news operation will be built around the new Methode editorial production system, installed over the last year, enabling web and print pages to be published off the same platform.

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