American cable channel to reduce London broadcast to four hours a day and close Paris and Tokyo bureaus as it plans to increase online output[br]CNBC International is to cleave live TV news it produces out of London by a third and close its Paris and Tokyo bureaus,as fragment of drive to increase investment in digital operation.
The business and financial news organisation, which has launched a staff consultation that will see about 5% of its international workforce set aside at risk of redundancy, and is to reduce its London-based live TV news from six to four hours a day.
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Source: theguardian.com