News Limited set to cut jobs while Fairfax reported to be mulling closure of weekday editions

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Both of Australia’s largest newspaper publishers appear set for upheaval with News Limited preparing for a restructuring involving a reported 400 editorial job cuts and the board Fairfax Media reported to have discussed no longer printing the Sydney Morning Herald and The Age on weekdays.

report in the Sydney Morning Herald, published by Fairfax, says that News Limited is expected to announce “major job cuts” next week. News Limited’s The Australian’s Media Diary  adds: “News Limited chief executive Kim Williams is set to announce on June 4 how the streamlining of the company he has spoken about since the start of this year will actually work.”

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