Squeak of the Week

Redundancies loom at embattled Time Out

Sean | January 14th, 2010



Time Out Group, publisher of weekly magazine Time Out London and the Time Out City Guides book series, is making a round of redundancies after reporting "challenging" market conditions. The move follows the group posting pre-tax losses of more than £3m for 2008 yesterday, more than double its losses of £1.35m reported the year before. Job losses are expected to enter double figures following a consultation period which started this week

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