Summary: Southern Cross Media Group, which merged earlier with Seven West Media and owns major TV and radio assets, announced plans to cut 250–300 roles after a sharper-than-expected deterioration in the television ad market. Most reductions target mid- and back-office and corporate functions, and the company also flagged a significant write-down against legacy content contracts and downgraded earnings guidance. Management framed the moves as a necessary reset to align costs with market realities and capture scale benefits, while unions and industry bodies warned of the broader impact on regional journalism and local content production.
Press Moves Canada – July 2026
Global News: Hansen, Jacqueline joins as Senior Business Editor and Anchor. The Canadian Press: Mannie, Kathryn joins as Reporter. CBC: Baco, Max joins as Reporter.
