Fairfax Media will cut 115 full-time roles, reduce its casual workforce, review third-party content deals and cap contributor costs in order to pull A$30 million (NZ$32.5 million) of savings out of the business.
The publisher will open a voluntary redundancy round seeking to cut 125 full-time equivalent positions – 10 full-time positions have already left the business in the past month.
Following redundancies, Fairfax expects there will be fewer editorial management, video, presentation and section-writer roles.
Fairfax editorial director Sean Aylmer said in a note to staff that working groups and discussions with staff before Wednesday’s announcement provided some original and creative ways to save costs.
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“One outcome of the consultation process is that we have changed the top-level management structure,” he said.
New or substantially changed roles will include: the creation of a news director, reduction in state-based topics, AM and PM editors replaced by news editors, refocus on the digital editor role, creation of a national creative director, national head of video and new head of travel and food.