News Corp on the prowl for job cuts and efficiencies to survive corona crisis

Original article by Rod Myer
The New Daily – Page: Online : 28-Apr-20

News Corp has engaged Deloitte to undertake a review of the media company’s Australian operations as it seeks to respond to the impact of COVID-19. It is understood that the review will focus on reviewing and cutting print costs, and centralising editorial and commercial functions. Measures already announced by News in response to COVID-19 include stopping the printing of around 60 community newspapers, while it has indicated that the virus will have a "material adverse impact" on its revenues.

CORPORATES
NEWS CORPORATION – ASX NWS, DELOITTE TOUCHE TOHMATSU LIMITED

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