Nine to cull 200 jobs in latest mass media lay-offs - Michael West

Nine to cull 200 jobs in latest mass media lay-offs - Michael West

Nine Entertainment has become the third Australian publisher to announce mass lay-offs in the past four weeks following the loss of a lucrative content deal with Meta and a slump in the advertising market. The newspaper owner and TV broadcaster said it would eliminate 200 roles, or about four per cent of its almost 5000 staff. Nine chief executive Mike Sneesby told staff in a memo on Friday the media business was in a stronger position than its rivals but …