News Corp’s ‘innovation centre’ potential lifeline for laid-off staffers

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The brand new innovation centre, in any other case referred to as the ‘EIC’, was launched to workers by Information Corp Australia’s govt chairman Michael Miller round a month in the past.

A Information Company headquarters (Picture: Erik McGregor/Sipa USA)

Information Corp’s new “innovation centre” might supply a lifeline to lately laid-off staffers, as the corporate alerts additional consolidation within the face of cost-of-living pressures and the probably ensuing reader churn charges.

Fears of ongonig consolidation come after editors have been in late March tasked with placing ahead editorial jobs for redundancy as a part of a world transfer to chop prices.

The nook of the enterprise to see the deepest cuts was the corporate’s NewsLocal service, which publishes digital editions of native information retailers together with the Canberra Star, Wentworth Courier and Launceston Information. Among the many most high-profile redundancies was managing editor and business director of Information Corp’s nationwide regional and neighborhood community, Rhett Watson.

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