theguardian.com
Nine Entertainment Faces $100M Cuts and Accountability Amidst Bullying Scandal
Nine Entertainment announces $100 million in cuts and a reckoning for those involved in bullying or harassment, following a report revealing a toxic work environment.
English
United Kingdom
Human Rights ViolationsEntertainmentGender IssuesAccountabilityBullyingCorporate CultureMedia CompanyFinancial Cuts
Nine EntertainmentAustralian Communications And Media Authority (Acma)Sydney Morning HeraldThe AgeAustralian Financial Review
Matt StantonCatherine WestPeter CostelloMike SneesbyDarren WickVictoria BuchanTim Costello
- What major changes is Nine Entertainment undertaking?
- Nine Entertainment is implementing $100 million in cuts over two years, following a report revealing systemic issues with bullying, harassment, and discrimination.
- What actions are being taken in response to the findings of the report?
- Acting CEO Matt Stanton stated that individuals will be held accountable for their behavior and that the company is committed to workplace reform.
- What other major events led to the current situation at Nine Entertainment?
- The cuts come after former CEO Mike Sneesby's departure and job reductions earlier this year, alongside a steep decline in annual net profit.
- How did the company's chair explain the previously unknown toxic work culture?
- Chair Catherine West acknowledged the company's toxic work environment, explaining that staff were previously afraid to report issues due to the power of certain individuals.
- What criticisms were raised at the AGM concerning Nine's advertising practices?
- Concerns were raised at the AGM regarding Nine's gambling advertisements, with a reformed gambler and campaigner Tim Costello highlighting the impact of such ads and the conflict between Nine's slogan and public opinion.