News Corp job cuts: Rupert Murdoch’s Australian newspapers to axe one in 20 staff
Announcement comes after Rupert Murdoch’s global company posted 47% decline in quarterly earnings in news media
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: News Corp job cuts: Rupert Murdoch’s Australian newspapers to axe one in 20 staff

### Response: Announcement comes after Rupert Murdoch’s global company posted 47% decline in quarterly earnings in news media