Telegraph group slash staff to pay print facilities

Britain's Daily and Sunday Telegraph are to cut 90 journalists’ jobs to help fund a £150m (€218m) investment in new print facilities, it was announced today.

In a letter to staff, chief executive Murdoch MacLennan said the group had to invest “substantially” in its publications if it was to survive and prosper.

He said: “The £150 million investment programme will be funded in part by a major re-shaping exercise across the entire organisation.

“This will see the number of journalists in The Daily Telegraph and The Sunday Telegraph reduced by about 90. Staff savings are already being implemented in non-editorial departments,” he said.

Mr MacLennan said the two newspapers, which employ a total of 521 journalists, will get an extra eight pages of colour.