Fairfax Media to shed 1,900 jobs over 3 years


Fairfax Media to shed 1,900 jobs over 3 years

A billboard advertising Fairfax Printing House and the town of Chullora stands outside Fairfax Printers in the outer suburb of Chullora in Sydney, Australia, Monday, June 18, 2012. Australian publisher Fairfax Media Ltd. said Monday it will shed 1,900 jobs over three years and erect pay walls for two flagship newspapers as readers increasingly move online. Australia's largest newspaper publisher after News Corp. also said it would close the printing plant in Sydney as well as plants in Melbourne by June 2014. (AP Photo/Rob Griffith)Australian publisher Fairfax Media Ltd. said Monday it will shed 1,900 jobs over three years and erect pay walls for two flagship newspapers as readers increasingly move online.



//news.yahoo.com/fairfax-media-shed-1-900-jobs-over-3-000632897--finance.html


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