Why, yes it is. But less important to them than losing the BSkyB merger. Or, it would seem, Rebekah Brooks.

And the paper was largely finished by this point. No advertisers, no readers, an utterly tarnished brand...

But yes, the Beeb has just reported that employees will be placed at other titles within NI. But I would be surprised if they didn't still lose some headcount. After all, most newspapers have been trying to shed employees the last few years. The announcement that they were going to merge some functions between The Sun and the News Of The World was largely motivated by that.