Home > Content > Nine Axes 144 Jobs After Fairfax Merger

Nine Axes 144 Jobs After Fairfax Merger

Nine Entertainment will see around 144 roles be made redundant, as it begins an internal restructure following the history-making Fairfax merger.

Revealed by The Australianan internal note claims over a hundred jobs will be made redundant, citing role duplication and vacant positions no longer required. The restructure will reportedly affect around 92 people.

It comes just a week after the Federal Court approved Nine-Fairfax’s merger – tipped to create a $4 billion media powerhouse.

Lead by Hugh Marks, the new entity will be called ‘Nine’, with some commentators asserting its axed the 150 year old Fairfax brand.

Disclosed in the note, Marks reportedly claims the restructure will strengthen both audience and client offerings.

The merged entity is expected to commence trading early next week.



You may also like
Is Chinese AI Company DeepSeek Facing A Ban?
Nine Shares Surge As They Spruik Arrival Of Sport On Disney
LG Undertakes Another Appliance Recall After House Fires & Pets Killed
ACCC deputy chair Catriona Lowe
ACCC Finds Widespread Consumer Law Breaches
TPG-Optus Deal Means More Choice, But What About The Quality?

Popular Posts

Worldwide Appliances Jack Up Prices Ahead Of New Outdoor Cooking Range Launch
Latest News
/
/
Seagate To Acquire Intevac In All-Cash Deal
Latest News
/
/
YouTube Shorts with Veo 2
Google Boosts Online AI Video With Veo 2
Latest News
/
/
Leaked Renders Of Samsung Budget Galaxy A36 Revealed
Latest News
/
/
French AV Brands Getting Traction In OZ Advance Paris The Latest
Latest News
/
/

Digital Magazines

Recent Post

Worldwide Appliances Jack Up Prices Ahead Of New Outdoor Cooking Range Launch
Latest News
/
//
Comments are Off
  Six months after Worldwide Appliances took on the Everdure Barbecue brand the business has announced price rises of between...
Read More