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News Corp Plans Australia Job Cuts

MELBOURNE--News Corp.'s Australian unit, News Ltd., said Wednesday that jobs would be cut across its business as part of a restructure aimed at transforming the company to better meet a digital world. Chief Executive Kim Williams said in a statement and in a video address to staff that he couldn't say how many jobs would be lost. "Although there will be retrenchments, many roles will be retired through natural attrition," he said. Mr. Williams said one of the changes would see the company move from having 19 operating divisions to five. News Corp. is the owner of Dow Jones Newswires. Write to Gavin Lower at gavin.lower@wsj.com

Stock News for News (NWSA)
DateTimeHeadline
06/30/201506:36:02Current Report Filing (8-k)
06/29/201506:32:22Current Report Filing (8-k)
06/26/201507:34:44Current Report Filing (8-k)
06/25/201512:54:16Roger Ailes Extends Contract With Fox News -- Update
06/25/201509:07:00Millennial Sentiment Trending More Positively About Purchasing...
06/25/201509:00:00Millennial Sentiment Trending More Positively About Purchasing...
06/25/201507:38:28Current Report Filing (8-k)
06/22/201506:08:54Current Report Filing (8-k)
06/19/201507:39:50Current Report Filing (8-k)
06/18/201513:10:09News Corp to Cut Jobs, Shift Resources
06/18/201509:00:18News Corp to Initiate Dividend
06/18/201508:07:55Current Report Filing (8-k)
06/18/201508:04:00News Corp Announces Plans to Initiate Dividend
06/18/201508:00:00News Corp Amends Stockholder Rights Plan
06/18/201506:05:41Current Report Filing (8-k)
06/17/201506:05:21Current Report Filing (8-k)
06/16/201507:07:11Current Report Filing (8-k)
06/15/201519:00:03How Rupert Murdoch's Departure May Impact 21st Century Fox
06/14/201521:16:27Australia's Foxtel to Buy 15% of Ten Network
06/11/201523:49:12Rupert Murdoch to Step Down as CEO of 21st Century Fox--Update

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