News Corp Australia Offers Buyouts and Announces $40M Cost-Cutting

Posted

News Corp Australia is making 42 journalists, artists and photographers redundant in the latest round of cost-cutting in a bid to slash $40m from Rupert Murdoch’s Australian newspapers.

Journalists at the Australian, the Daily Telegraph, the Herald Sun and the Courier Mail have been offered the chance to take a voluntary redundancy after a fall in revenue from print advertising took its toll.

Forced redundancies will follow if the company does not fill its quota.

Read more

Comments

No comments on this item Please log in to comment by clicking here


Scroll the Latest Job Opportunities From The Media Job Board