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Companies & FundingReportedThe Guardian / AI

Nine to axe 30 jobs at the Age and SMH due to ‘extreme’ AI disruption

Nine Entertainment will cut around 30 newsroom jobs at the Sydney Morning Herald and the Age, citing the 'extreme state of disruption' caused by AI. The managing director of publishing, Tory Maguire, described the move as an 'evolution' to adapt to structural change, rather than simply a cost-cutting measure.

Why it matters: This development underscores the tangible impact of AI-driven disruption on traditional media employment.

Full story at: The Guardian / AI