The Australian Broadcasting Corporation will make 250 staff redundant, slash its independent production budget, axe the controversial ABC Life platform, rebrand ABC Comedy and cut single-medium-focused news to create more cross-platform services to save $40 million.
Managing director David Anderson outlined the cost-saving program in the ABC's five-year plan for 2020-2025, the first since he took over the public broadcaster in 2018.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
