Staff told some people will ‘regrettably leave our business’ as media empire is reorganised into three divisions
Lisa Muxworthy, the editor-in-chief of News Corp’s most popular Australian website news.com.au, is among the casualties of the restructure.Lisa Muxworthy, the editor-in-chief of News Corp’s most popular Australian website news.com.au, is among the casualties of the restructure.empire has been reorganised into mastheads which are free, tabloids which are subscription-based and so-called prestige titles the Australian newspaper and Vogue magazine.
Staff said it was a surprising decision to let Muxworthy go, given the success of news.com.au, which is the most popular news website in the country with 12 million monthly readers to the Australian’s 3.5 million. The state and community mastheads division will house the Herald Sun, the Daily Telegraph, the Courier-Mail and the Advertiser, as well regional and community publications, headed up by marketing executive Mark Reinke.
Unionised journalists agreed to an 11th-hour offer of a small pay rise in return for a cap on redundancy payments to high-earners before the announcement.Murdoch became the sole chair of News Corp last year when Rupert Murdoch stepped down. Lachlan spends half of his time in Sydney and is also the chair of Fox Corporation.
“However, those affected could look to secure 12 months pay as their redundancy as per the News Corp policy or the capped amount, whichever is greater.”
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