Friday, November 8, 2024

More executives let go in News Corp restructure

Must read

The biggest restructuring in News Corp Australia’s history continues to roll on, as several senior executives have been moved on.

Following the unceremonious dumping of news.com.au’s editor-in-chief Lisa Muxworthy — who made the website the most-clicked news publication in the country after it lost ground during Covid to the ABC — and Editorial Innovation Centre director John McGourty, the company has now removed Michael Wilkins, managing director of the company’s national sport brands.

Marcus Hooke, general manager of print production is also out, according to an AFR report this week that quotes “sources inside the company,” along with a number of managers from various sales teams.

News Corp Australia confirmed to Mumbrella it will not be making a public announcement regarding these staff redundancies.

ADVERTISEMENT

Peter Blunden, News Corp Australia’s former national executive editor, and one of Rupert Murdoch’s many right-hand-men over the year, will step back to three days a week, although he will maintain his board position.

Executive chairman Michael Miller confirmed last week in a staff email that “a number of roles will change and some impacted people will regrettably leave our business”.

“As we are now living at a time when the way news and information is created and consumed is changing faster than it has ever changed, we too must continue to evolve,” he said of the cuts.

More redundancies are expected in the next week; Miller promised staff last week that by June 12 they would receive “more information” on “what these changes mean for you and how teams will operate”, adding: “We will try to minimise these impacts as much as possible and will treat our affected colleagues with the utmost of respect.”

Mumbrella has contacted News Corp for comment.

Latest article