Shrink wrap tightens around Fairfax papers

Fairfax’s latest restructure should enable significant cost reductions but may also blur its mastheads' identities. And it’s not the last hard decision Greg Hywood will have to make.

Fairfax Media’s latest restructuring – at least the third of Greg Hywood’s period as chief executive – is a signal that the pressures on the group’s shrunken revenue base are intensifying.


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