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Not before time, the SMAGE is dying.

Nine’s newspapers will slash 30 journalists across their metropolitan mastheads, with The Sydney Morning Herald and Melbourne’s The Age bearing the brunt of the cutbacks.

In her 9.31am email to staff today, Nine’s publishing boss Tory Maguire made no specific reference to job cuts, but company sources told The Australian that 30 jobs will go, mostly from the SMH and The Age, with a small number to come from the group’s digital-only Queensland outlet, The Brisbane Times.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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