Economy

Redundancies at Stan, Channel 9 and 9Now amid tough ad market

Nine will cut 50 jobs from its newly created broadcast and streaming division, in a proposed bid to reduce duplication after bringing together Stan, broadcast and digital streaming television under a single roof.

The cuts follow a months-long review led by new Streaming and Broadcast boss Amanda Laing, who joined Nine earlier this year and implemented a new leadership team in June.

A Nine spokesperson said the cuts are designed to reduce duplication and drive greater collaboration across Stan, Channel 9 and 9Now, while also working to offset a tough advertising market.Credit: Joe Armao

Nine began informing staff of the proposed changes on Monday morning, with some to be informed their roles will be made redundant across the week, according to an internal memo seen by this masthead.

The jobs to go mostly relate to the news division and Stan, as well as the sport, marketing and creative functions.

Nine is the owner of The Sydney Morning Herald and The Age. The redundancies only apply to the Streaming and Broadcast division.

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While 50 positions are being made redundant, some new roles are being created which means the number of departures may be lower.

A Nine spokesperson said the cuts are designed to reduce duplication and drive greater collaboration across Stan, Channel 9 and 9Now, while also working to offset a tough advertising market.

“Our primary focus during the consultation is supporting these team members through access to our employee wellbeing provider, as well as exploring redeployment opportunities within the broader Nine Group,” the spokesperson said.

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  • Source of information and images “brisbanetimes”

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