Libération, the troubled left-wing daily French newspaper, is to fire a third of its workforce in order to save it from closure.
Some 93 jobs are to go from a total staff of 250. Libération's editor, Laurent Joffrin, told his journalists it was "an unavoidable decision to save the paper."
His second-in-command, Johan Hufnagel, said: "Libération is losing €22,000 a day. We have to streamline journalistic production."
The paper, which was founded in 1973 by the philosopher Jean-Paul Sartre, is also to move from its office in the heart of Paris to a cheaper area.
Libération's newsstand sales have fallen by 20% over the past year, and its editorial team is to be reorganised in order to boost the digital version.
Le Monde, another of France's dailies currently facing falling newsprint sales, is also switching 35 staff from print to online. Its journalists regard this as a "velvet revolution" compared to Libération's "big bang".
