Finnish news agency STT to wind down news operations, 89 jobs lost
Agency founded in 1887 to cease news and photojournalism units next March after years of financial struggles
The Finnish News Agency STT will wind down its news and photojournalism units from March next year, resulting in the loss of 89 jobs. The decision follows years of financial losses and a recent restructuring round triggered by its largest shareholder, Sanoma Media Finland, reducing its use of the agency's services.