Citing "several informed sources", newsweekly Der Spiegel said publishers Axel Springer were looking to cut between 170 and 200 jobs at Bild, the most widely read daily newspaper in Europe.
"Axel Springer clearly believes that serious cuts are needed in its newspaper activities" and is looking at making savings "totalling 20 million euros," Spiegel said.
Spiegel noted that Axel Springer had set aside 50 million euros for "structural changes" and said there would be redundancies at the group.
Bild said only there were "various scenarios" under consideration.
According to Spiegel, Bild contributes around 300 million euros to Axel Springer's coffers.
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