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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.

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