CNBC International will cut live London content, close Paris and Tokyo bureaus, in favor of more digital.

Posted: 14 Nov 2015   Print   Send a link

The Guardian, 10 Nov 2015, Mark Sweney: “CNBC International is to cut live TV news it produces out of London by a third and close its Paris and Tokyo bureaus, as part 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 put at risk of redundancy, is to reduce its London-based live TV news from six to four hours a day. … CNBC will also close its Paris bureau – French coverage will be served by new roles to be based at its regional HQ in London, and its Tokyo bureau will also shut. … New digital roles in news will be created to bolster the Live Blog output. “Implementing these proposals will make CNBC International a more agile, multi-platform news organisation without impacting the quality of our first-rate financial journalism,” said a spokeswoman for CNBC International.”