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Axel Springer to Cut Telegraph Jobs After Buying UK Newspaper

Bloomberg Technology Friday 23 October 2026, 10:05 UTC By Louise Moon 1 min read
Key Points

EXCLUSIVE Axel Springer to Cut Telegraph Jobs After Buying UK Newspaper Axel Springer SE is cutting roles at Telegraph Media Group Ltd., just months after the German company took control of the British newspaper publisher on the promise of fresh investment. The newspaper will start a consultation period, with staff at risk receiving an email by midday, Telegraph editor Chris Evans and Chief Executive Officer Carolin Hulshoff Pol said in an email to staff on Friday seen by Bloomberg News.

EXCLUSIVE Axel Springer to Cut Telegraph Jobs After Buying UK Newspaper Axel Springer SE is cutting roles at Telegraph Media Group Ltd., just months after the German company took control of the British newspaper publisher on the promise of fresh investment. The newspaper will start a consultation period, with staff at risk receiving an email by midday, Telegraph editor Chris Evans and Chief Executive Officer Carolin Hulshoff Pol said in an email to staff on Friday seen by Bloomberg News.
Axel Springer (PERSON) UK (LOCATION) Axel Springer SE (PERSON) Telegraph Media Group Ltd. (ORG) German (ORG) British (ORG) Telegraph (ORG) Chris Evans (PERSON) Carolin Hulshoff Pol (PERSON) Bloomberg News (ORG)
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