Some high profile names such as Tim Bailey, Kerri-Anne Kennerley, Natarsha Belling have been cut off from network 10 in their latest restructuring.
Ross Dagan, 10’s director of news content, said; “These painful changes reflect the state of the media industry in recent years and the need for all media companies to achieve new efficiencies.”
The network will overhaul its nightly 90-minute weekday news bulletins, which will now be broadcast from Sydney and Melbourne.
The Sydney, Brisbane, and Perth bulletins will be produced in Sydney, while the Melbourne and Adelaide bulletins will be looked after in Melbourne.
The weekday weather report will move to a national model. Some local reporters, crews, and camera operators will remain employed in Brisbane, Adelaide, and Perth.
Studio 10 will continue to air from 8 am -midday on weekdays, but some presenters, journalists, and staff have been cut.
The Project will not be affected by any of the changes. In May, Network 10 closed its news, entertainment and lifestyle website 10 Daily, just two years after its launch.
In 2017, the company formerly known as Ten Network Holdings went into voluntary receivership and was later acquired by US broadcaster CBS.
CBS merged with Viacom in December last year.