Guardian Media Group chief executive David Pemsel emails staff:

Given that over half our current costs are people, we propose to reduce our UK headcount by around 250 people. While protecting journalism remains our priority, we anticipate the impact will be spread across all departments, including editorial. We hope to achieve the target reductions through voluntary redundancy. If we do not achieve the reductions we are targeting through voluntary means, we will consider whether voluntary redundancies are necessary. 

Around 100 editorial redundancies expected. Will Seumas Milne be one of them?

UPDATE: The Midland Goods Shed is also dead. 20% cuts across the board mean that crazy idea “new space for debate, culture and curiosity” is no more. Thankfully…