FXJ fairfax media limited

News: FXJ Fairfax Media commences process of consultation with its Australian metro publishing...

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    April 5 (Reuters) - Fairfax Media Ltd (FXJ)

    • Commenced a process of consultation with its australian metro publishing newsrooms
    • Including non-staff costs proposal is expected to deliver about $30 million in annualised savings with majority of these savings expected in 2018 FY
    • Consultations on proposed changes which will complete major structural editorial changes required to secure futures of metropolitan mastheads
 
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