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Rupert Murdoch's News Corp did not specify where job cuts might fall - REUTERS/Mike Segar
Rupert Murdoch is cutting 1,250 jobs from his publishing empire after surging inflation took its toll on profits.
News Corp, which owns The Times and The Sun in the UK, said it will reduce its headcount by around 5pc this year as it grapples with higher interest rates and costs.
The company, which also owns Wall Street Journal publisher Dow Jones, the New York Post and book giant HarperCollin among other...
>>> Read more: Rupert Murdoch to cut 1250 jobs from newspaper empire
Rupert Murdoch is cutting 1,250 jobs from his publishing empire after surging inflation took its toll on profits.
News Corp, which owns The Times and The Sun in the UK, said it will reduce its headcount by around 5pc this year as it grapples with higher interest rates and costs.
The company, which also owns Wall Street Journal publisher Dow Jones, the New York Post and book giant HarperCollin among other...
>>> Read more: Rupert Murdoch to cut 1250 jobs from newspaper empire
