More staff cuts likely as Fairfax eyes digital only

Merja MyllylahtiIn light of the cost-cutting measures by Fairfax Media, in this cross-posting from The Conversation, Merja Myllylahti examines if Fairfax Media is ready to be truly digital-led. 

There seems to be no end to Fairfax’s restructuring saga. On Friday, the company’s management signalled it would continue to cut costs no matter what. CEO Greg Hywood said:

“We have made clear many times that we are managing a structural shift in publishing from print to digital. We continue to adapt business model to this reality, which involves an intense focus on cost reduction.”

 

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