"stunna" would help?
> London: The Guardian is to cut 250 jobs as it seeks to stem heavy losses, raising the threat of its first-ever compulsory redundancies.
> The UK publisher told staff there was "urgent need for radical action" as it announced 100 journalists and 150 other staff will lose their jobs. In total the Guardian will seek to reduce its staff by 310, as 60 vacant roles will not be filled. The redundancies in editorial account for about a seventh of its UK newsroom.
> Kath Viner, editor of the Guardian, and David Pemsel, chief executive of Guardian Media Group, said they would aim to rely on volunteers to make the savings required, but warned they could not rule out compulsory redundancies.
> They are aiming to slash 20 per cent from the Guardian's cost base and break even within three years. Previous voluntary redundancy programmes at the publisher have fallen well short of their targets but not involved enforced job cuts.
> Operating losses this year are close to £60m and the investment fund created to support its journalism has lost nearly £100m in value, as it has spent heavily on expansion in the US and Australia. The international operations are unaffected by the redundancy programme.
Post edited at 22:50
