London Newspaper City AM Slashes Salaries By 50% As Coronavirus Keeps Readers Home

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London Newspaper City AM Slashes Salaries By 50% As Coronavirus Keeps Readers Home
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London-based freesheet newspaper City AM is the latest outlet to temporarily halt its print edition and the staff will see their April salaries reduced by 50% as commuters switch to working from home

... [+]: London-based freesheet newspaper City AM is the latest outlet to temporarily halt its print edition, while its reporters will have their pay cut in April as the city is emptied of its mostly commuter readership amid coronavirus work from home measures.

No redundancies will be made, but cost-saving measures will mean staff will see their April salaries reduced by 50%, according to media publication Press Gazette, citing an email sent to employees.

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