The Week: Media News - BBC Magazines to axe jobs

BBC Magazines is set to axe up to 30 jobs in an attempt to lower costs. Most of the redundancies are expected to be made in the children's division, which closed a number of titles earlier this year.

In an e-mail to staff, Peter Phippen, the BBC Magazines managing director, said: "The current climate is particularly tough for magazine publishers affected by falling advertising revenues, lower sales than anticipated, increased paper prices and poor exchange rates."

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