Telegraph urged to slash jobs and 'forget' sale as Abu Dhabi fund applies pressure

By Yahoo! Finance   |   4 days ago
Telegraph urged to slash jobs and 'forget' sale as Abu Dhabi fund applies pressure

The Abu Dhabi fund is pressuring The Telegraph to make over 100 job cuts to meet profit targets. RedBird, unable to take control of the company, advised against selling it. Despite pledges, proposed investments and editorial expansions are being abandoned, raising concerns about foreign influence and press freedom.

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