Nine Entertainment to Cut 30 Jobs at Sydney Morning Herald and The Age Amid AI Disruption
Nine Entertainment, Australia's largest media company, has announced plans to cut approximately 30 newsroom jobs at the Sydney Morning Herald and The Age. This decision is attributed to the 'extreme state of disruption' caused by artificial intelligence (AI). Tory Maguire, the managing director of publishing, informed staff that the job cuts would involve voluntary and targeted redundancies. The move is part of an 'evolution' to adapt to structural changes in the media landscape. The company aims to retrain and hire individuals for 'digital-first, reader-savvy, data-informed roles.' The Australian Financial Review, another publication under Nine, will not be affected by this restructuring due to its more advanced digital-first approach. This announcement follows previous job cuts by Nine Entertainment, including 200 positions in 2024, as the company faces financial pressures exacerbated by AI's impact on news consumption.