Publishers: Axel Springer announces job cuts at “Bild” and “Welt”.

publishers
Axel Springer announces job cuts at “Bild” and “Welt”.

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The media group wants to significantly reduce jobs.

The Axel Springer media group is cutting jobs at its “Bild” and “Welt” brands. “There will be a significant reduction in jobs in the areas of production, layout, correction and administration,” said CEO Mathias Döpfner in a letter to employees on Tuesday that was available to the German Press Agency.

dpa

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