The Economic Times executive editor Rahul Joshi told his newsroom on Friday afternoon that job cuts would soon be announced. According to a person who attended the meeting, Joshi did not specify how many jobs were likely to be affected at the country’s largest business daily. Joshi said at the meeting that the move was forced by the company’s financial position, and that ET had decided that the current staffing levels aren’t sustainable. In a slowdown, advertising is the first to be hit and the last to recover, he said, according to the source.
Since ET publisher Bennett, Coleman & Co. Ltd is a privately held company, we don