Fairfax prepares for employee cuts to save money
By Selim Unutmaz and Phil Sim in Media News on Wednesday, 05th April 2017 at 3:48pmMedia giant Fairfax has announced to staff that its metropolitan newsrooms will undergo a major restructure, cutting headcount with the ambition of achieving a “sustainable publishing model”.
The communication from Chris Janz, the recently appointed managing director of Fairfax’s Australian Metro Publishing division, outlined the broader goals of the restructuring, which would lead into a “process of consultation” that began today with staff in its Sydney, Melbourne, Brisbane and Perth newsrooms.
“As you know, the primary focus of Fairfax Media over recent years has been to lay the groundwork for the creation of a sustainable publishing model,” Janz wrote.
“Our goal is to increase the proportion of stories that reach a larger readership,&r...
To continue reading this article...