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October 22, 2008

FT looks to axe 60 jobs – no journalists affected

By paulmcnally

The Financial Times has announced plans for 60 redundancies across its advertising, sales, finance, IT and marketing deparments – but is understood to not be looking to cut any jobs in editorial.

According to MediaGuardian.co.uk, six staff in the library are among those facing redundancy – a move which some fear could affect editorial quality.

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