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

Join us on social

Newsletters

Scroll to top

Get Access Code.

Enter your email address and Crikey will send a Verification Code

Enter the Verification Code sent to

to confirm your account.
The Verification Code will expire in 1 hour.

Want some assistance?

Contact us on: [email protected] or call the hotline: +61 (03) 8623 9900.

The new innovation centre, otherwise known as the ‘EIC’, was introduced to staff by News Corp Australia’s executive chairman Michael Miller around a month ago.

A News Corporation headquarters (Image: Erik McGregor/Sipa USA)

News Corp’s new “innovation centre” could offer a lifeline to recently laid-off staffers, as the company signals further consolidation in the face of cost-of-living pressures and the likely ensuing reader churn rates.

Fears of ongonig consolidation come after editors were in late March tasked with putting forward editorial jobs for redundancy as part of a global move to cut costs.

The corner of the business to see the deepest cuts was the company’s NewsLocal service, which publishes digital editions of local news outlets including the Canberra Star, Wentworth Courier and Launceston News. Among the most high-profile redundancies was managing editor and commercial director of News Corp’s national regional and community network, Rhett Watson.

50% off EOFY sale ends soon

Get full access to Crikey for less than $2 a week. Limited time only – don’t miss out.

Get offer

Already a subscriber? Log in to keep reading.

About the Author

John Buckley

Media reporter @johnbuckley_

John Buckley is Crikey’s media reporter. He previously covered national affairs and politics at VICE, and his reporting has appeared in The Sydney Morning Herald, The Age, and The Washington Post, among other publications.

Comments

The Crikey comment section is members-only content. Please login to engage in the commentary.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Crikey – https://www.crikey.com.au/2023/06/29/news-corps-innovation-centre-job-cuts/