News Corp Australia's redundancies continue with the departure of several senior managers with decades of experience at the media group.
Among the latest is Michael Wilkins, the managing director of News Sport Network, who started in 1988 as a copy boy for The Manly Daily.
Marcus Hooke, the executive GM of production, logistics and property who was at News Corp for nearly 17 years, and John McGourty, the group director of the Editorial Innovation Centre, who made the move from Scotland back in 2000 to join the Daily Telegraph, are also leaving.
These follow the departures of Michael Desiere, who headed s
Speaking to AdNews about the ongoing redundancies, one recruiter said: "It's brutal."
News Corp more than a year ago announced plans to cut 5% of its headcount, about 1,250 people, generating annualised cost savings of at least $130 million.
“I would like to personally thank those colleagues for their contribution and professionalism,” executive chairman Michael Miller wrote in an email.
“We will try to minimise these impacts as much as possible and will treat our affected colleagues with the utmost of respect.
“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.”
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