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The Guardian - AU
The Guardian - AU
Business
Amanda Meade

News Corp job cuts: Rupert Murdoch’s Australian newspapers to axe one in 20 staff

Rupert Murdoch News Corp Australian Australia Lachlan Murdoch United States Robert Thomson Daily Telegraph Foxtel Group Herald Sun
Photo illustration shows some of the mastheads published by News Limited, the Australian arm of Rupert Murdoch's newspaper empire July 12, 2011. News Limited has vowed to investigate all editorial
The Australian, the Daily Telegraph and the Herald Sun are among the News Corp Australia brands facing 5% job cuts. Photograph: Tim Wimborne/Reuters

News Corp Australia will cut one in 20 staff at its local operations after Rupert Murdoch’s global company posted a 47% decline in earnings in its news media division and lower quarterly revenue overall.

Mastheads the Australian, the Daily Telegraph and the Herald Sun are among those facing cost-cutting and a 5% headcount reduction after a decline in earnings for Murdoch’s international newspaper stable of US$59m.

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