5 months ago
33
Staff brace for significant cuts as media giant prepares to make moves to counter decline of print and slow advertising market
Lachlan Murdoch has been joined in Sydney by the News Corp UK boss, Rebekah Brooks, and global chief, Robert Thomson, ahead of the announcement of a major restructure of the Australian newspapers next week.
Guardian Australia understands Rupert Murdoch’s right-hand man, Thomson, Lachlan and Brooks held meetings in Sydney on Tuesday with News Corp’s local chief, Michael Miller, and others to sign off on the transformation of the company.
Continue reading...