Time Out said that the pandemic had accelerated a “transformation that was already under way”.
The company would now concentrate on its online listings business as well as its branded food courts around the world.
Time Out Group CEO Chris Ohlund said: “Time Out needs to make sure it’s creating the right content, on the right channels and platforms where our consumers are now. Our content celebrates the very best things to do in London and around the whole of the UK across culture, entertainment, travel, food, drink and all the other things we and our audience love.
“We will continue to innovate and grow our digital channels, especially across social media and video. We have already made progress with this same transition with huge success in the USA.
A spokesperson said it was in consultation with staff on the print publication about potential job losses, reported the Guardian.
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