Hundreds of jobs are to be cut at Nine Entertainment, including roles in the high-profile television news and current affairs division.
Nine Entertainment chief executive Mike Sneesby announced the job cuts on Friday morning.
‘For us to continue to invest in digital growth opportunities at Nine, we must continue to responsibly manage costs throughout the cycle.
“Of our national team of almost 5,000 people, around 200 jobs are expected to be affected at Nine, including some vacant and casual roles that will not be filled,” Sneesby said.
The job cuts include 38 positions in the high-profile news and current affairs broadcast team, spanning 9News and 60 Minutes.
In addition, 90 jobs will be cut from Nine’s editorial division, affecting positions at The Sydney Morning Herald, The Age and The Australian Financial Review.
This is a breaking story. More to come.
Pictured is Today show presenter Karl Stefanovic. Nine has revealed that 38 jobs are to be cut from the news and current affairs team. The Daily Mail Australia is not suggesting that Stefanovic’s role is being axed.
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