Telegraph Bloodbath: New Jobs Cull Underway

The Telegraph has begun another round of job cuts. Several journalists were informed yesterday that they would be losing their jobs, including the respected Home Affairs correspondent David Barrett, who has been there nearly eight years. That decision has caused particular consternation because the paper is currently in the middle of a ‘Border security’ campaign. It is rumoured there will not be a replacement and that the Home Affairs role will be picked up by the Lobby. Today’s Telegraph runs such top scoops as “Man trolls neighbour with pro-Brexit sign”, but the paper doesn’t have a Home Affairs correspondent. It’s as if bosses are implementing a Vietcong strategy: take one out and everyone wants to leave…

Also hitting morale is the closure of the canteen at Buckingham Palace Road. Hacks are expected to be in the newsroom at 5:30 a.m. and previously relied on the canteen for a hearty breakfast of sausages, beans and eggs to get them through the morning. Now they are being told by stingy bosses to bring packed lunches…

UPDATE: MediaGuido hears at least a dozen senior Telegraph journalists have lost their jobs this afternoon.

UPDATE II: MediaGuardian says among those culled are deputy editor Liz Hunt, feature writer Harry Wallop, Middle East editor Richard Spencer, head of arts and entertainment Andrew Pettie, and chief foreign correspondent Colin Freeman.

Gove’s New Speechwriter is Telegraph’s Will Heaven

will-heaven

Will Heaven, comment editor at The Sunday Telegraph, is going to work as Michael Gove’s new speechwriter at the Ministry of Justice. The author of Were Michael Gove and Boris drunk on Monday night?” is much liked around SW1. Gove enjoys making speeches that are both ideological and take the fight to the enemy…

Emily Nomates Moves to Telegraph

JULIET+SAMUEL

Juliet Samuel – the artist formerly known as Emily Nomates – has landed a column at The Telegraph. Formerly of this parish, Juliet went on to City AM, The Times and was latterly at the Wall Street Journal. She is now back doing politics…

Media Organisations Using Offshore Havens

cayman-papers-540

Guido is enjoying the squirming of the offshore elite as much as anyone – the Icelandic premier is a corker, the Putin case study is great, the Bollywood stars who make their millions from millions of poor Indians will find it hard to survive the reputational hit. All very enjoyable.

It is worth mentioning that most of the UK’s big media organisations shelter assets and cash flows offshore. Top of the hypocrites in this respect is The Guardian. They put their assets in the Caymans, and they used a Luxembourg tax shell designed by PriceWaterhouseCoopers to funnel cash flows beyond the reach of HMRC. They previously blamed the difficult economic environment for committing the sins for which they condemn others. This isn’t just hypocrisy, this is an insult to us all. The Guardian’s entire heritage is one of tax dodging, the original founding Scott Trust was itself a tax dodge. They have year after year avoided tens of millions of taxes…

Other media organisations using offshore entities include the Huffington Post – whose journalists criticised Amazon for doing the same. The owners of the Mail, News UK and The Telegraph also have various offshore tax-efficient structures. Facebook, Google and Guido are not UK-owned though in the latter groups’ cases they have at least never claimed to be in favour of clamping down on tax havens. Guido’s point is that the likes of the Guardian should practice what they preach, hold all their assets in the UK and pay all the taxes which will consequently arise.

Read more:

Tom Harris to Lead Scottish Freedom Campaign

Former Labour minister Tom Harris has been weighing up back Leave for the last few weeks – today we have his decision. The Telegraph’s newly-appointed resident Corbyn-basher has announced he will be running the Scottish Vote Leave campaign, firing off some tartan truth bullets this morning:

“Every week the UK sends £350 million to the EU. Scotland’s share is roughly a tenth of that – more than £1.5 billion per year. Just think what that money could buy here in Scotland – on schools, on our health service, repairing our roads – if it wasn’t being sent into the black hole that is EU spending”

They can take your money, will they take your freedom?

Media Diversity

Sweetener

The Times, Telegraph and Independent all went for the same cliché headline, used to cover countless budgets and spending reviews beforeThe rest of the unpopular press following in the Indy’s footsteps is not a good omen for the Times and Telegraph…

H/T thhamilton

Tory Grassroots Poll: Boris Beats Osborne, Remainers Sink

If it’s a straight fight between Boris and Osborne on the Tory leadership ballot paper there is only one winner. The Telegraph have polled the heads of 50 Conservative associations and Boris is the preferred choice, though almost half are undecided. May is down on four after she backed Remain, and Sajid Javid languishes with just one association head supporter after his flip flop. Tory associations back Leave over Remain by 12 points, so Boris’ bravery is paying off and the Remainers are paying the price…

Job Culls Coming at Indy, Guardian, Telegraph

indy

Evgeny Lebedev is expected to close the Indy and Sindy print editions as soon as tonight. Of the 150 full-time staff, just 20 or so look like they’ll moving over to the i paper. It will not be difficult for the owners to find voluntary redundancies. Many journalists at the Indy will be loathe to work for the much-derided, clickbait-obsessed online offering.

Meanwhile the Guardian is imposing 20% cuts, with staff warned in an email this morning that “As our staff costs are by far our biggest overhead, one outcome of the budgeting process may be that redundancies are proposed”. They are looking at 100 redundancies, and according to Beth Rigby they want to start with their “on leave” columnist Seumas Milne. He is in line for a £90,000 payout.

Media sources tell Guido that the Telegraph is set to announce a jobs cull next week. Print journalists there are furious at the dumbing down of content for their own ‘digital first’, Indy-style clickbait-based website. You will often find the exact same traffic-farming stories on the Telegraph site as you will on the Indy online. See the Telegraph’s “Man with two penises writes tell-all memoir” and the i100’s “The man with two penises has now written a tell-all memoir”. 

The FT have some killer numbers:

“Fleet Street’s large newsroom may be unsustainable. The Times had 454 editorial staff at last count, The Sun 525, the Daily Telegraph 662 and The Guardian, following expansion overseas, 925.”

Online-only is the only option. The question now is how proprietors and executives will reconcile the trend for traffic-driving churnalism to the pay the bills with actual, old-fashioned journalism in the digital age. The future of journalism is specialism, the most profitable online media operations have focus, that generates specific audience demographics that can be packaged for advertisers at premium prices.

Telegraph Frees the Nipple

The paper of Bill Deedes has crossed the Rubicon and freed the nipple. Scroll down on this click-chasing article about “72 hour drug-fuelled sex binges” and readers of Her Majesty’s Telegraph are confronted with a stock photo of a lady […]

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Telegraph Falls For EU Shills

clear

The Telegraph’s Ambrose Evans-Pritchard, usually sound on economics, has endorsed the apocalyptic claims of EU sockpuppets Agra, exposed last week by Guido as being in the pay of Brussels, having pocketed over €200,000 in 2014 alone. The […]

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Telegraph Hacks’ Fury at Dumbing Down of Content

The Telegraph has suffered an exodus of seasoned reporters yet there is good news on the horizon: the paper is hiring no fewer than five new “social media and search engine optimisation” staff. They will be working with “Director of […]

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Telegraph Capitulate to Nutjobs

An enjoyably punchy headline above Jeremy Warner’s Telegraph piece today:

Cue Corbynistas boarding the outrage bus and demanding an apology. Warner stood his ground:

[…]

+ READ MORE +



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