At Fairfax, misery loves company

fairfax chartYou may not have noticed, The Sydney Morning Herald and The Age being the sort of publications sensible people no longer read, but Fairfax Media’s journalists went all bolshie over the past few days and walked off the job. It was a display of curious logic: Its old media circulation and revenues are tanking, so why not chip away at what little remains by going on strike?

At Fairfax, where CEO Greg Hywood takes home a reported $50,000 a week, it all makes as much sense as rewarding execs who have failed to reward shareholders….

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