Broadcaster to make biggest round of layoffs in more than 15 years as it shifts to streaming amid ad slump

Channel 4 is to sell its London headquarters as deep job cuts that are expected to particularly affect staff based in the capital result in the search for new, smaller premises.

The broadcaster, which has been based in the £90m headquarters in Horseferry Road, Victoria, since 1994, intends to find a smaller location in central London in the next few years as it moves to employ most of its staff outside London.

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