I would have thought someone with Mr Hywood's considerable experience helming a major media organisation would know you can't cost-cut your way to profitability, especially when the things you're cutting (journalists) are the ones responsible for profits (via their stories).
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have you seen The Post Royce?
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The movie? No.
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you should watch it :)
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Would you believe I'm actually not that interested in seeing it?
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you should, because it explores the exact same argument you just made to hywood :)
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I used to work for Fairfax. I don't need to watch a movie about newspapers in America 40 years ago to know you can't make more money by getting rid of journalists and stressing out the ones who are left. :)
End of conversation
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