Fairfax slashes jobs in Australia

Fairfax Media is cutting 25 percent of its metropolitan journalist staff - equal to 125 full-time jobs - in an effort to help save $30 million across its Australian newspaper operations.

The Media, Entertainment and Arts Alliance has slammed the move, saying it is ``appalled'' and the decision will weaken Fairfax's business.

Fairfax journalists on Twitter say Australia's oldest publisher is offering voluntary redundancies at its metro publishing business, which includes masthead titles The Sydney Morning Herald and The Age.