News Corp redundancy program moves forward, with editorial jobs gone at The Daily Telegraph
News Corp is moving ahead with its redundancy program, with the Australian Financial Review reporting “as many as 18 editorial staff” are accepting voluntary redundancy at The Daily Telegraph alone.
According to the AFR, the focus will turn to News Corp’s Melbourne masthead the Herald Sun next week.
The publisher, which also publishes The Australian, began approaching staff to gauge interest in voluntary redundancies after it was revealed the company would be seeking to make $40m in cuts from its local operations at the end of last month.
The cuts were announced earlier this month after it was revealed that advertising revenues for the quarter had declined 7%, or approximately 11% in local currency.
Mumbrella understands not enough voluntary redundancies have come forward, with News Corp considering forced redundancies. The union representing journalists, the Media Entertainment and Arts Alliance (MEAA) is working with the publisher to ensure all redundancies are voluntary.
The AFR has reported News Corp was looking to make 42 full-time employees redundant, with the round at the Herald Sun potentially including “some very senior staff members”.
News Corp declined to comment.
Miranda Ward worked for Mumbrella from 2013 to 2017, eventually becoming deputy editor. Miranda joined Mumbrella in September 2013 from Sky News.
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Hopefully they release Rita Panahi so she has free time to be rude to more people and shout at more clouds.
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Surely Buzz Rothfield has to be one??
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Good!
Find more of them.
Perhaps thinning the ranks at News will reduce the smarmy, superior, often laughable Daily Terror/Australian stories about the decline of Fairfax and the dangers of the supposedly Labor/Greens-supporting ABC.
in particular some of News’ dinosaurs must be costing the company a fortune in return for limited productivity and 19th century opinion. Put them out to pasture or send them to Sky News full-time instead of only in the evenings.
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Pretty disgusting behaviour to wish unemployment on someone due to their views. Shameful.
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It’s what she would have wanted.
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But who’ll write plaudits for Alan Jones?
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Never send to know for whom the bells tolls; it tolls for thee.
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Courier-Mail staffers say 10-15 redundancies have been offered in Brisbane. Apparently mainly in production.
Some sections of the CM and the Sunday-Mail are very skinny, but there is also some under-performing “deadwood” among editorial staff who have been at Bowen Hills a long while.
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Some of the deadwood should have been performance-managed out of Bowen Hills years ago, not pay them large amounts of money to leave. Now they are forcing redundancies on people who don’t want to lose their jobs. Merry Christmas……..
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