After Rowlands' Exit, Cost-Cutting Ax Hits FT Extel, Profile


Around 60 employees have been made redundant and others have resigned in the cost cutting and restructuring that is taking place at Financial Times Information divisions FT Extel and FT Profile. The past year has seen the biggest investment in the group since it was acquired by Pearson but at the same time, much smaller growth than expected in the UK market.

"It's the same with all the other vendors, the UK market has been fairly flat," says a spokeswoman. "But we also had made such large

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