News Limited staff told to be ready for big announcement at 1.45pm
Staff at News Limited will have a better idea of their fate at 1.45pm EST today.
The company has told staff that a video message from CEO Kim Williams will appear on their computers at that time.
Among the changes already flagged up today are a $2bn bid to up News Limited’s stake in Australian pay TV, and the company is also reported to be on the verge of acquiring Business Spectator.
There are also predictions of hundreds of job losses as the company seeks to streamline its print operations.
Who’d be in media at the moment? Oh, bugger, I am!
Classic KD!
Grim! I also heard at the pub that the other night the Gold Coast Bulletin is being slashed to pieces and won’t be a daily rag anymore.
Could be worse… you could be working for Qld Govt!! Well not for long..
somebody is tapping my phone…
Oh boy … glad I got out four years ago.