Ferrari will cut jobs after F1 teams decided to introduce a £118million budget cap. The team employ 1,200 staff on their grand-prix project but this figure will be cut. The Italian team voted in favour of a £118million cap for next season.
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F1 agree first-ever budget cap to cut costs in wake of coronavirusThe landmark move will come into force next season, set at £117million Your silence makes you enablers
Source: The Independent - 🏆 80. / 59 Read more »
F1 teams face five years of spending restrictions under budget cap regimeTeams must reduce their spending in each of the next five seasons after the FIA announced new budget cap details on Wednesday Might as well wind it up. It's f******g boring anyway.
Source: The Guardian - 🏆 84. / 53 Read more »
News Corp announces end of more than 100 Australian print newspapers in huge shift to digitalPrint editions of dozens of regional newspapers to finish, with sweeping job cuts feared One down... others to go. 💃🏾💃🏾 There is a place for small community newspapers, Little do they realise digital editions makes it easier to avoid all the adverts by just reading the articles they push to social media
Source: The Guardian - 🏆 84. / 53 Read more »
'Gutting': News Corp Australia's newspaper print closures will leave 'thousands of stories' untoldReaders and former staff decry a terrible day for journalism and express grief at job cuts I hope that once the MurdochMafia finally leave Australia, truly local independent ‘news’ papers will rise from their ashes. Murdoch has done to truth in the media what Joseph Goebbels did. Gutting? News Corp? Gutting?
Source: The Guardian - 🏆 84. / 53 Read more »
EasyJet to cut 4,500 jobs and shrink fleet due to coronavirus impactThe airline predicts travel demand will only return to normal in three years time.
Source: MetroUK - 🏆 13. / 82 Read more »
News Corp to cut hundreds of jobs in move towards digital-only publishingPublisher of the Australian, the Daily Telegraph and the Herald Sun is expected to stop publishing as many as 100 titles *News Corp Australia Good idea so nobody can download the paper as well. Miranda Devine’s job will be a good start. She just regurgitates Trump conspiracy theories repackaged for an Australian audience
Source: The Guardian - 🏆 84. / 53 Read more »