Australian media company ACM launches voluntary redundancy program for 35 editorial roles due to reduced revenue.

Australian media company ACM is launching a voluntary redundancy program for its editorial teams, impacting approximately 35 roles. This decision follows Meta's withdrawal of support for Australian news providers, contributing to reduced revenue from various sources. Despite these cuts, ACM will still employ over 340 journalists, maintaining its commitment to independent quality journalism for regional Australians while shifting focus towards a digital future through subscriptions.

September 04, 2024
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