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Nikkei tells Financial Times staff it does not plan job cuts

New Japanese owner insists it wants business title to become more profitable through investment, as union launches campaign around jobs and independence

The new Japanese owner of the Financial Times has moved to reassure staff that it is not planning to cut jobs and will leave the existing management in place.

In an email sent to FT employees, Nikkei president Tsuneo Kita and the company’s chief executive Naotoshi Okada said the company plans to invest to make the FT “extremely profitable”.

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