Germany’s Spiegel Magazine to Cut Jobs, Launch Paywall

Germany’s influential newsweeklyDer Spiegel said on Tuesday it would shed around a fifth of its staff and start charging for some articles online as it tries to fight a decline in advertising and circulation.

 

One of Europe’s largest news magazines, Der Spiegel has a circulation of about 870,000. Known for its investigative reporting, it is seen as required reading for the German political, business and cultural elite.

 

It also runs a popular free news website, which includes some content from the magazine although most of the longer articles are only available in the print version, which can also be downloaded in full for a fee.

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