Staff at Fairfax Media will not be covering the Federal Budget after voting to go on strike next week, following an announcement of job cuts across the company’s Australian Newspapers.
Journalists and editorial staff from WA Today, The Sydney Morning, The Age and Brisbane Times will be affected by the cutting of 125 jobs, which equals roughly a quarter of their remaining staff.
This move is expected to save the company $30 million, however journalists have decided to walk off the job for one week, meaning the news outlets won’t be covering the Federal Budget when it is announced on Tuesday.
“While we will be looking across all parts of the newsroom, at the end of the redundancy program we expect there will be significantly fewer editorial management, video, presentation and section writer roles,” an internal note from the company read.
Last year, Fairfax cut 120 jobs in Sydney and Melbourne.
The Media, Entertainment and Arts Alliance condemned the decision on Twitter.
“25% of jobs will be lost at The Age and SMH as a part of the $30 million cuts,” their tweet read.
“Take action,” along with a video of the Sydney Morning Herald being cut up.
MEAA CEO Paul Murphy said he was appalled by the decision in a statement.
“None of the other parts of the Fairfax business are worth anything without the journalism and yet it is the journalism that Fairfax always cuts.
“The editorial staff are really angry.
“They think the company has made a terrible decision that is not in the best interests of the company, its audience or its staff.”
Bill Shorten also tweeted his support for the affected journalists.
“Very sad to hear about job losses across Fairfax newsrooms today,” he wrote.
“A very hard day for Fairfax staff, and a great loss for all.”
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