Mark Reinke is leading new “state and community mastheads” division, housing the state tabloids.

The editor-in-chief of free news website news.com.au, Lisa Muxworthy, has so far been the highest-profile departure. Company veteran Peter Blunden, who helmed its national news team Network, has been shifted into a part-time advisory role. Muxworthy was replaced by The Daily Telegraph’s weekend editor, Mick Carroll, and the Network team has fallen under Telegraph editor Ben English’s remit.

Like other media companies, News Corp is facing a revenue hole as a result of social media giant Meta’s unwillingness to renegotiate commercial deals as part of the news media bargaining code.

It also faces a near-unprecedented weak advertising market.

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News Corp Australia attributed its 10 per cent revenue slump in the most recent March quarter largely to lower advertising revenue.

Management leading the new structure have been directed to complete the redundancy rounds by June 30.

Last week at the National Press Club in Canberra, Miller defended News Corp’s $US250 million ($376 million) deal with artificial intelligence company OpenAI.

He said rumours that more than 100 journalist roles would be cut was just speculation.