Australia's national news agency closing downStaff at Australian Associated Press' headquarters were told a drop-off in subscribers in the face of free online content means the company is "no longer viable". SYDNEY: Australia's only national newswire will be shuttered after 85 years of operation, with around 180 staff told Tuesday their jobs will end in June. The newswire will close at the end of June while its subediting business Pagemasters is set to close at the end of August. The decision to close the wire needs approval from its owners Nine, News Corp Australia, The West Australian and Australian Community Media. Staff were told between 30 and 50 jobs would be made available at the company's two major shareholders Nine and News Corp Australia.

Source: Bangkok Post March 03, 2020 07:18 UTC