News Ltd., the Australian arm of News Corp. (NWS), is set to cut up to 400 editorial jobs as it restructures its largely print-based publishing business to ensure survival in a digital future, the Age newspaper reported Monday, without saying where it got the figure.

The newspaper, owned by News Ltd.'s competitor Fairfax Media Ltd. (FXJ.AU), cited "insiders" as saying that a "significant announcement" about cuts was expected next Monday.

A spokesman for News Ltd. was unable to be reached for comment. News Corp. is the owner of this newswire.

 
Newspaper website: http://www.theage.com.au 
 
   -By Melbourne bureau; 61-3-9292-2093; djnews.sydney@dowjones.com
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