Read this: Ariel - Harding points to significant job cuts
Summary: 5 June 2014 Last updated at 1205 James Harding has admitted that 'a significant number of redundancies' are likely to be made in News. In an email to his staff, the director of news and current affairs reiterated that the division had to make savings of 'tens of millions of pounds' as part of DQF. 'I am afraid that there is no escaping the fact that there are likely to be a significant number of redundancies - most of our costs are tied up in people so there is limited scope for other big savings elsewhere,' he said. - bbc.co.uk
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