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Axel Springer to cut 50–100 Telegraph journalists

By Drooid · Oct 10, 2026, 3:56 PM UTC · How we work

Summary

Story summary

Axel Springer plans to cut 50-100 journalists at Telegraph Media Group.
A source said the consultation could propose cutting a large editorial share before Christmas.
The cuts contradict Axel Springer's pledge to invest in and expand the Telegraph.
Axel Springer bought the Telegraph for £575 million earlier in 2026.
Telegraph Media Group posted a £4 million loss last year and revenue of £273.2 million in 2024.

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Story summary

Axel Springer plans to cut 50-100 journalists at Telegraph Media Group.
A source said the consultation could propose cutting a large editorial share before Christmas.
The cuts contradict Axel Springer's pledge to invest in and expand the Telegraph.
Axel Springer bought the Telegraph for £575 million earlier in 2026.
Telegraph Media Group posted a £4 million loss last year and revenue of £273.2 million in 2024.