Newsroom layoffs to hit U.K.’s Guardian Media

Two popular newspapers in Great Britain will be handing out pink slips and folding at least one section. “Guardian Media Group (GMG) will shed more than 100 jobs in the coming months as the loss-making Guardian and Observer newspapers seek to trim losses that ballooned to [more than $100 million] last year,” The Times of London reported. The Guardian will also fold its Thursday technology supplement to save money. Related Valleywag Al Gore’s Current Media plans to layoff …