Telstra ends Trading Post print edition
Telstra has announced its intention to kill off the print edition of its classifieds paper Trading Post to focus solely on the publications online offering.
Operating as a print publication since 1966, Trading Post has been a standard for Australian classifieds advertising. It was further immortalised in Australian culture after appearing in The Castle.
In 2004 Sensis bought the business for $636 million.
According to a report in The Age, the closure is likely to make 279 redundant though the company said it would help find jobs for those affected.
“It is never a good time for job losses, and decisions like these are not made lightly. I would like to thank the employees working within Trading Post, who are a highly dedicated group of people,” said Telstra Media’s head of classifieds, Michael Padden.