Aftenposten announced last month that it needs to cut NOK 100 million (nearly USD 20 million) in costs over the next two years. Early retirement incentives and severance pay packages have been offered to employees in an effort to reduce staff through attrition.
Advertising sales have declined in recent months, and Aftenposten editors determined that prospects for the commercial viability of "News in English" were unfavourable.
An exact shut-down date for "News in English" remained unclear, but was expected at the end of October.
The editorial staff of Aftenposten's "News in English" wishes to thank their thousands of loyal readers around the world for their continued interest in news from Norway over the years.
