Fairfax journalists to strike over job cuts

Posted by Erina Lin on August 29, 2008 at 5:53 PM

Fairfax Media Ltd. journalists have voted to strike until Monday over the company's plans to cut about five percent of its employees, according to The Australian posted on Bloomberg.

The strike will impact production of its two biggest titles, the Sydney Morning Herald and the Age in Melbourne, said Fairfax journalist Gerard Noonan.

The second-biggest newspaper publisher in Australia earlier this week announced to cut 550 jobs to reduce some A$50 million ($43 million) in annual costs, according to The Australian posted on Bloomberg.

Some workforce at the Australian Financial Review, the company's national business daily, will also strike, The Australian reported.