Job losses confirmed at NZ Herald
UPDATE: A source familiar with the situation has confirmed to NBR that eight positions are "going" at APN's NZ operation, but the "redundancy" word is not being used.
All are roles with the NZ Herald.
Staff at NZ Herald publisher APN have been called to a 4.45pm meeting today.
NBR ONLINE has been told that some editorial positions are being made redundant, including some well-known names, one of whom is said to be "shaken".
APN CEO Martin Simons told NBR some positions would be merged as the organisation aligned its online and print teams. He would not comment on numbers.
In August, APN announced a $A370 million ($NZ479.6m) write-down in the value of its metropolitan mastheads, including the NZ Herald.
On November 19, APN said it was selling its South Island newspapers, including the Christchurch Star, and its Wellington community papers.
Editorial staff have been waiting for some weeks for today's on-again, off-again announcement.