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Slashed Wage Bill Triples Profits At The Express

Accounts show that the total headcount at Express Newspapers fell from an average of 536 to 460 last year, slashing the wage bill from GBP54m to GBP38.9m. The company moved to axe 200 posts from the newspaper portfolio in late 2014 and early 2015, and has since looked to bolster its digital publishing capability with mostly new -- and cheaper -- online journalists.

Read the whole story at The Guardian »

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