Fairfax and Nine to cut sales teams and offer improved advertising products following merger

October 14, 2018 3:13

Nine and Fairfax have flagged cuts to their sales teams, technology costs and back-office support to provide the cost savings promised in the two companies’ proposed merger.

In an information pack detailing their proposed merger released late on Friday, the two companies also flagged the prospects of improved data and advertising products from their combined operations.

Fairfax CEO Greg Hywood with his Nine counterpart, Hugh Marks

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Paul Wallbank

Paul Wallbank was news editor at Mumbrella between June 2017 and June 2019. Previously he's covered business and technology issues for outlets ranging from The Australian and Sydney Morning Herald to the ABC and Business Spectator.

Topics

Fairfax Fairfax-Nine Merger Nine

4 COMMENTS

Really.... 15 Oct 18

I bet no-one saw this coming

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Go the pies 15 Oct 18

Story comment
The two companies’ sales teams will not be so lucky, with the report stating: “Savings are anticipated from removed duplication across sales teams, as well as commercial operations.”

To much head space in the top brass now a days, you cannot expect growth by cutting your income through sales, tug tug say no more

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Cost Synergies 15 Oct 18

Let the mass shafting begin!

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Anonymous 11 Nov 18

shame 9 is about to pull the plug on a paper copies of the age,smh and afr no more newspapers how else u save 50 million a year

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