Fairfax Media to shed 1,900 jobs over 3 years

By on June 18th, 2012

CANBERRA, Australia (AP) — Australian multimedia company Fairfax Media Ltd. has announced it will shed 1,900 jobs over three years as part of a restructure.

The Sydney-based company also announced on Monday that its The Sydney Morning Herald and The Age broadsheet newspapers will become tabloids and their website will introduce pay walls.

© 2012 The Associated Press. All rights reserved.


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