Terrific Aussie drama Offspring - and the talented ensemble cast - is back tonight. 8.30pm. Channel Ten. Cant wait ! http://t.co/heTfHcUFzV
Media Alliance seeks urgent negotiations with Fairfax
Monday, 18 June 2012
The Media, Entertainment & Arts Alliance is seeking urgent meetings with Fairfax Media management to discuss the redundancies announced to the sharemarket this morning. At no time did the company reveal its new plans for targeted cost that will bite even more savagely into the company with the loss of 1900 jobs, including a substantial reduction of editorial positions from key metropolitan newspapers that are already resource-deprived
Acting federal secretary of the Alliance Paul Murphy challenged Fairfax CEO Greg Hywood to explain his plans in detail. “In his statement to the stock exchange, Mr Hywood announced that the company’s investment in quality journalism and editorial standards would not be compromised. Any further loss of editorial positions will clearly damage these newspapers’ ability to produce quality journalism regardless of whether that journalism appears in print or on digital platforms,” Murphy said.
“Readers and employees alike are entitled to know precisely how Fairfax Media intends to ensure that these two great mastheads will continue to produce quality journalism when fewer journalists are left to actually go out and hunt out news stories.”
The Alliance is also concerned at the lengthy delay in announcing the switch to a compact print newspaper. “For more than a decade this company has dithered about a switch from broadsheet. It has been an ongoing saga as management stalled at making tough decisions in an increasingly difficult environment. Now, after years of doing nothing and in the twilight of the print media era, management has finally made a decision,” Murphy said.
The Alliance will release further statements and will communicate with affected members at Fairfax Media later today.