Fairfax CEO Greg Hywood has been busy. His company’s announcement on 3 May 2017 that Fairfax would sack 125 of its newsroom staff led to Sydney Morning Herald and The Age journalists going on strike, at the worst possible time in the Australian political calendar.
Meanwhile, media reports highlighted Hywood’s annual pay of over $7 million – which at a median reported salary for journalists of just over $51,000 would comfortably pay for the total number of staff laid off in Hywood’s announcement.
This is not to say that Hywood does not deserve a CEO-level salary, of course. But …