The Daily Beast and News Corp Australia are undergoing significant staff reductions and restructuring. The Daily Beast is enacting a buyout plan to slash headcount, aiming for $1.5M in reductions. News Corp Australia is revealing a restructure with middle management positions targeted for cuts. Lisa Muxworthy, the editor-in-chief of a top Australian news website, is on the way out amid the News Corp Australia restructure. News Corp Australia is transitioning to a national model to become a fully digital media company, leading to staff purges and the reorganization of mastheads into free and subscription-based tabloids and prestige titles.
Changes at @EveningStandard https://t.co/Y6DX9lKjJZ
I loved @EveningStandard of old - Milton Shulman, Alexander Walker, Sam White, Charles Reiss et al but Times and tech change and no thanks to Lord Lebedev.
The @EveningStandard was a huge part of my life for 3 yrs & it's sad to read of its shift to a weekly when there are many stories to tell in print each day. And such top journos past & present that know the city inside out. All with unparalleled flair, and alarm clock settings.
Editor-in-chief of https://t.co/LvYiVaXfZo among casualties in News Corp Australia restructure https://t.co/x2XH119AUA
News Corp Australia reorganizes its mastheads into free, subscription-based tabloids, and prestige titles, as the EIC of https://t.co/hHlBqX0Q8B Lisa Muxworthy is let go (The Guardian) https://t.co/37AJXHNZuR https://t.co/9yHXVuy2in
The Daily Beast's new leadership is reducing staff through buyouts. https://t.co/atuIVHbmMq
News Corp begins staff purge as restructure takes shape https://t.co/OceRKBNdDB
From SMH on News Corp overhaul. In effect, Australia’s largest employer of journalists has adopted a national model, which it hopes will enable it to complete the transition from a print to a fully digital media company.
Sources: Lisa Muxworthy, the editor-in-chief of Australia's most popular news website https://t.co/hHlBqX0Q8B, is on the way out amid News Corp Australia restructure (The Guardian) https://t.co/37AJXHNZuR https://t.co/9yHXVuy2in
News Corp Australia to reveal restructure with middle management in line of fire https://t.co/0mVm0ECQhx
News Corp Australia to reveal restructure with middle management in the firing line https://t.co/SLyuvUnZIN
The Daily Beast starts accepting staff buyout applications, seeking to hit $1.5M in reductions, and plans additional cuts (@nataliekorach / The Wrap) https://t.co/FjOcjquJQX https://t.co/RmP1ao6cmR
The Daily Beast Braces for Headcount Slash as New Leadership Enacts Buyout Plan https://t.co/1HCUkqixY8