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So the axe is going to fall on Fairfax, and form the look of things its going to fall hard, I can’t say that I’m that surprised that they are going to take to their expensive infrastructure and substantially reduce their overheads by reducing their staff by 1900.
Of course the influence of Gina Reinhardt may even bring Fairfax a bit closer to the centre politically and won’t that set up a wailing and moaning in the latte belts of both Sydney and Melbourne ? One would hope that they hold onto their best journalists but maybe they can take this as an opportunity to shed some under-performing ‘senior writers” Like Jo Chandler. Its very clear though that there are writers at Fairfax who are worth reading and its inevitable that Fairfax will consolidate their titles published in different cities into a single entity eventually, after all so much of the content is shared across the empire anyway.
I can’t help wondering just what Ex Fairfax staff will do with themselves once they have collected that final pay cheque, after-all in a shrinking sector they can’t all expect to find new gigs as journalists, some may try the old standby of writing books (that however may result only in failure) others may try to turn their dalliances with the internet into a money spinner but its hard to see how they can make a quid out of that especially if their previous experience on the net was to harass and stalk humble bloggers who happened to disagree with them about politics and anonymity on the net.
Oh well perhaps they need to get some ruby slippers and hope that when the click them together and say “there is no place like home” and be thankful that they can draw upon their potential inheritance while they dream their Marxist dreams and sip a Chai latte while avoiding being caught in the rain (because it plays havoc with their hair)
- Fairfax slashes 1,900 jobs and downsizes Age, Herald
- Fairfax Media to shed 1,900 jobs over 3 years
- Fairfax overhaul to cost 1900 jobs
- Fairfax of Gina-fax? Let’s have the debate before it’s over
- Fairfax to cut jobs in company overhaul
- Fairfax to cut 1900 staff
- The Age and SMH to go tabloid sized
- Australia’s Fairfax Media to cut 1‚900 jobs \
- Fairfax journalists vote to go on strike
- Fairfax journalists go on strike
Yesterday I just could not get my head around any topic with enough dedication to tap out some words of wisdom for the sandpit’s readers, I had the shopping to do and some necessary errands like a organising some new spectacles, actaully new lenses for the frames that I bought online from the USA, having failed miserably to find any that I liked in the various stores that I have been visiting for months in a futile search for a style that I could live with. Its the blessing of getting older that finds me needing glasses all of the time these days and finding the perfect frames is really vexing when all of the chains have nothing but those vile letterbox rectangular abominations that are oh so fashionable at present. I was delighted to find that my frames met with such approval from the OPTICIAN who loved them enough to want to take a picture of himself wearing them!
Anyway enough of my excuses for not posting yesterday and onto the Fairfax saga one thing that you can’t say about Gina Reinhardt is that she fails to put the cat among the pigeons. The latte sippers must be choking on the froth this morning as the Age reports that her holding in the company is now more than 18% Talk about going into the belly of the beast ! as a disinterested observer I am just loving the soap opera quality of this little bit of game playing form Gina and frankly I can see a future where there are no print versions of any paper in this country the future is surely online when it comes to news and information and I predict that there will come a time when the Age, the SMH and all other Fairfax titles will be like their Brisbane times entirely an online creature, further I expect that when that happens the next step will be to consolidate all of those individual titles into one national masthead.
I came to this conclusion when I saw that at Westfield’s Strathpine centre the newsagent was closed and signs telling us that it is “temporary” and it would reopen soon were posted on its closed doors. Now besides the fact that shopping malls charge almost extortionate rents for any store front its clear that the business of selling papers, magazines and stationary is not what it used to be, with supermarkets selling those same products and much of the reading public getting their fix online I think that sadly we are going to see more newsagents closing in the future.
Of course from an environmental point of view the decline in the printed newspaper might not be such a bad thing if we value the trees that are cut down to make paper a decline in the demand has to be a good thing right? Of course it is. I don’t think this means an end of the book though because a book is seldom the single use item that newspapers tend to be and there is still a quality of the printed book that E readers seem to lack …