AAP will be closing.
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Pagemasters will also close.
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Medianet and Mediaverse will be sold off.
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AAP will fold on Friday, June 26.
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AAP chief executive tells employees Nine and News will boost their numbers and “there will be opportunities for some of our staff”.
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“Don’t feel let down by your leadership team,” the AAP chairman tells staff.
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“It’s something that’s been in the work five to six months,” the AAP chief executive tells staff. “It wasn’t until late December, early January that a decision was made.”
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The AAP chief executive tells staff there will be between 30 and 50 jobs made available at Nine and News.
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AAP staff will be paid out all their entitlements, the bosses confirm. The company’s directory business will also be flogged off.
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Statement on AAP closure from chief executive Bruce Davidson and chairman Campbell Reid.pic.twitter.com/e4nRCA76Pr
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