Financial Times eliminates 80 jobs

Editor & Publisher reports that more layoffs are coming at the Financial Times. The publication may eliminate 80 staffers worldwide as it undergoes a reorganization.
From the report:

"We are now taking the next steps in reorganizing and streamlining our business," FT John Ridding said in a "Dear All" memo to employees. "We are deepening integration in our print and digital operations, combining some operations with our recent acquisitions and simplifying some of our processes to increase efficiency and deploy resources in line with our objectives. These changes involve a restructuring plan across several departments, and regrettably, about 80 people are likely to be affected across our global operation."