News Corp has flagged further staff cuts at its newspapers across the globe –outside of The Wall Street Journal – as it intensifies its focus on cost reduction and digital transformation of its newsrooms.

For the full year, News Corp reported a $US1.3 billion ($1.8 billion) loss, largely related to write-downs on Foxtel and News America Marketing, booked previously in the year. Its earnings before interest, tax, depreciation and amortisation (EBITDA) slumped 19 per cent to $US1 billion, down from $US1.2 billion in the previous year. EBITDA for three months to June 30 was down 28 per cent to $US195 million.