Bookmark this page
Online Booking

Subscribe to Latest National News

↑ Grab this Headline Animator

Medindia Jobs Forums India4u Store Bollywood Blog
India4u News   
 World News
 National News
 Entertainment News
 Business News
 Sports News
 Education News
 Health News
 Politics News
 Travel News
 Special Reports
 Press Releases
 - News
 - Photos
 - Videos
News Central
 
General News
 The Hindu
 Indian Express
 The Telegraph
 Times of India
 Deccan Herald
 Hindustan Times
 IBN Live News
 DNA Top News
 Indias News
 
Sports News
 The Hindu Sports
 Espn Star Sports
 Sify Sports
 
Regional News
 The Navhind Times
 Milligazette News
 
Business News
 Business Line
 Financial Express
 Economic Times
 Business Standard
 IBN Business
 Sify Finance
 
Entertainment News
 Kollywood Cinema
 Sify Movies
 IndiaDaily Bollywood
India4U Forums
India4u News
News Corp's Oz arm News Ltd. slashes 70 digital staff in cost-cutting sweep
Posted online: Tuesday, June 26, 2012 at 5:51:14 PM

Sydney, June 26 : Australian media conglomerate News Limited has announced plans to slash 70 digital staff on grounds of redundancy.

The Media, Entertainment and Arts Alliance (MEAA) said the firm's management notified the union of the impending loss of 70 digital platform staff, less than a week since Australia's biggest newspaper publisher detailed a plan for a major restructuring effort.

MEAA acting Federal Secretary Paul Murphy said News Ltd's sudden redundancies were a bad start to the restructure.

"The company revealed it was about to embark on a carefully thought-through restructuring process," Sydney Morning Herald quoted MEAA, saying in a statement.

"But less than a week later, without proper consultation or explanation, its digital staff are learning that they are being made redundant at a time when they should have felt assured they would play a vital role in the future of the News Limited business," it added.

According to the paper, it is understood 17 editorial staff at the Gold Coast Bulletin have lost their jobs, while eight sub-editors each at the Cairns Post and Townsville Bulletin have been made redundant.

However, News Limited did not confirm the number of redundancies.

"We can confirm that as part of rolling out our new operating model to build our business, we have made a range of roles redundant across the business," a spokesperson for the firm said in a statement.

"Positions are also being retired through natural attrition," he added.

Source-ANI

Bookmark this page

News Archive



World News


YouTube ban in Pakistan not lifted
(6 hrs ago)


15 killed, 90 wounded in fresh attacks in Iraq
(6 hrs ago)
....More
National News


UPA-II report card promises growth over 6%, investigation of Coalgate
(48 mins ago)


Manmohan Singh presents UPA-II fourth anniversary report, says long way to go
(48 mins ago)
....More
Business News


Drought hits production of red chillies in Gujarat
(6 hrs ago)


U.S. dollar slips against euro after Fed official remarks
(6 hrs ago)
....More
Sports News


Andy Flower bans England on Ashes talks
(3 hrs ago)


Ahmed's chances of playing Ashes dependent on Citizenship Act changes
(3 hrs ago)
....More
Health News


Tips to get flatter stomach revealed
(7 hrs ago)


Child abuse increases risk of adult obesity
(8 hrs ago)
....More
Entertainment News


Arnie caught grabbing ex wife's butt on camera
(5 hrs ago)


Ellen DeGeneres and wife Portia de Rossi splurge $26.5m on Cali. Mansion
(5 hrs ago)
....More


Subscribe to Latest National News

↑ Grab this Headline Animator

About this Site | Advertise on india4u | Feedback | Contact | Sitemap
Designed,Hosted & Content Management by : Frontpoint Systems Pvt Ltd
Copyright (c) 2000. All rights reserved.