June 2026, Hundreds of media jobs to go as TV advertising slumps

by | Jun 11, 2026

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.

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Press Moves Canada – September 2026

CBC: Jancelewicz, Chris joins as Senior Producer. Global News: Carpenter, Elissa joins as Digital Journalist. The Globe and Mail: Fong, April joins as Artificial Intelligence and Technology Editor. The Canadian Press: Johnson, Timon joins as Reporter/Editor.Screen...

Press Moves UK – September 2026

Financial Times London: Barker, Alex joins as News Editor. Financial Times London: Jenkins, Patrick joins as Columnist / Senior Writer. Financial Times London: Hamer, Alex joins as News Editor. Financial Times London: Thomas, Helen joins as Head of Newsroom...

Press Moves USA – September 2026

Barron's: Gilman, Hank joins as Story Editor. Barron's: Rosenberg, Alex joins as Senior Markets Editor. Barron's: Gonzalez, Mariapaula joins as Breaking News Reporter.CNBC: Schouten, Cory joins as Director of member strategy and engagement. The New York Times: Barba,...

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