Sydney Morning Herald, Age staff among 200 job cuts at Nine after end of Meta deal
Chief executive Mike Sneesby says ‘economic headwinds’ and end of Meta deal are to blameFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Nine Entertainment chief executive, Mike Sneesby, has told staff he is cutting 200 jobs due to the “economic headwinds” facing the media, with up to 90 positions to go on legacy mastheads the Sydney Morning Herald, the Age and the Australian Financial Review.The company said “some much-loved colleagues” would be leaving the business and “tough decisions” would be made by mid-July to save $30m.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
Chief executive Mike Sneesby says ‘economic headwinds’ and end of Meta deal are to blame
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
The Nine Entertainment chief executive, Mike Sneesby, has told staff he is cutting 200 jobs due to the “economic headwinds” facing the media, with up to 90 positions to go on legacy mastheads the Sydney Morning Herald, the Age and the Australian Financial Review.
The company said “some much-loved colleagues” would be leaving the business and “tough decisions” would be made by mid-July to save $30m.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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