Journalist cuts ‘will help drive Fairfax profits’

Original article by Scott Murdoch
The Australian – Page: 4 : 5-May-17

Fairfax Media CEO Greg Hywood says back-office functions rather the editorial department have borne the brunt of its cost-cutting over the last five years. Hywood also says the latest round of redundancies will be the last, and he argues that Fairfax’s newspapers must be both profitable and sustainable in the long-term. Fairfax journalists hope that shareholders and advertisers will support their seven-day strike in response to the latest downsizing, which will result in the loss of 125 newsroom jobs.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIA. FAIR WORK COMMISSION

Fairfax journos strike as one in four jobs cut

Original article by Stephen Brook, Mitchell Bingemann, Brad Norington
The Australian – Page: 6 : 4-May-17

A Fairfax Media spokesman says the print and digital editions of "The Age" and "The Sydney Morning Herald" will continue to be produced during industrial action. Fairfax journalists have commenced a seven-day strike in response to Fairfax’s measures to reduce costs by an additional $A30m. This will include a downsizing of its newsroom staff, initially via voluntary redundancies. Some 125 jobs will be cut, which equates to about 25 per cent of Fairfax’s journalists.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, AUSTRALIA. FAIR WORK COMMISSION, NATIONAL PRESS CLUB (AUSTRALIA), NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Fairfax journalists face investigation over strike

Original article by Nick Toscano
The Age – Page: 24 : 5-May-16

The Fair Work Ombudsman has ordered Fairfax Media to provide it with the personal details of about 600 journalists who staged unprotected industrial action in mid-March 2016. The strike was prompted by Fairfax’s latest proposed round of redundancies. The Media, Entertainment & Arts Alliance is also subject to the compulsory order, and could a fine of up to $A54,000. Journalists could each be liable for fines of up to $A10,800 for unlawful industrial action.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE, AUSTRALIA. FAIR WORK OMBUDSMAN, AUSTRALIA. FAIR WORK COMMISSION

Fairfax journos strike over jobs

Original article by Jake Mitchell, Sam Buckingham-Jones
The Australian – Page: 3 : 18-Mar-16

Fairfax Media’s plans to cut the equivalent of 120 full-time jobs have met with dismay among journalists who decided to protest against an editorial restructure of metropolitan mastheads. Other cost cutting measures include cuts to contributor costs and expenses. Staff at the newspapers walked out in protest on 17 March 2016. Their action will last until 21 March.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, MEDIA, ENTERTAINMENT AND ARTS ALLIANCE