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.

Check Out Our PR Resources

PR Success
Stories from
Global Brands

Recent Releases

Press Moves UK – August 2026

Marketing Week: Virdi, Amrit joins as Senior Reporter. Marketing Week: Carroll, Niamh joins as News Editor.Saga Magazine: Tyler, Kirsty joins as Head of Content - Publishing. Country Living: Ando, Maddy joins as Acting Style & Interiors Editor (maternity cover)....

Press Moves USA – August 2026

Bloomberg News: Gehan, Ann joins as Earnings Specialist. Bloomberg News: Weiss, Benjamin joins as Reporter. Business Insider: Berman, Alix joins as Audience and Social Media Fellow.Fortune: Forlini, Emily joins as Senior AI Reporter. The Real Deal: Lundstrom, Kathryn...

Press Moves Canada – August 2026

Radio-Canada: Wolde-Giorghis, Azeb joins as Washington TV Foreign Correspondent.CityNews 24/7: Santos, Rhea joins as Evening Host.The Hockey News: Fenyo, Caroline joins as Writer.

Check Out Our PR Resources

PR Success
Stories from
Global Brands

Recent Releases

Press Moves UK – August 2026

Marketing Week: Virdi, Amrit joins as Senior Reporter. Marketing Week: Carroll, Niamh joins as News Editor.Saga Magazine: Tyler, Kirsty joins as Head of Content - Publishing. Country Living: Ando, Maddy joins as Acting Style & Interiors Editor (maternity cover)....

Press Moves USA – August 2026

Bloomberg News: Gehan, Ann joins as Earnings Specialist. Bloomberg News: Weiss, Benjamin joins as Reporter. Business Insider: Berman, Alix joins as Audience and Social Media Fellow.Fortune: Forlini, Emily joins as Senior AI Reporter. The Real Deal: Lundstrom, Kathryn...

Press Moves Canada – August 2026

Radio-Canada: Wolde-Giorghis, Azeb joins as Washington TV Foreign Correspondent.CityNews 24/7: Santos, Rhea joins as Evening Host.The Hockey News: Fenyo, Caroline joins as Writer.

Press Moves 3

About Press Moves

Press Moves brings you a selection of the most recent media moves and key changes in the weeks ahead. These are among the thousands of updates made every day on Agility. For complete access to current journalist profiles and media updates, explore our Media Database.