Nine Entertainment’s acting CEO, Matt Stanton, has signalled Australia’s biggest media company is now facing $100m in cuts over the next two years as well as a period of reckoning for individuals found to have engaged in bullying or harassment.
A bombshell report released last month revealed Nine has a systemic issue with the abuse of power and authority, bullying, discrimination and sexual harassment across the company, but no individuals have yet been named or held to account.