Kim Williams reveals his plans for News Limited including one city, one newsroom strategy for editorial
Kim Williams has unveiled his plans for News Limited.
Key details include a reduction in the number of divisions to five, the purchase of Business Spectator, a bid to increase the company’s stake in Foxtel and Fox Sports and a large number of redundancies – although no number has been released.
Mumbrella also understands that Newscore – the company’s internal newswire – is being shut down.
Williams’ video address to staff:
The saddest thing is the glasses. What can I say should have gone to Specsavers