High profile presenters Kerri-Anne Kennerley, Natarsha Belling, Tim Bailey and Mike Larkin will reportedly lose their jobs as part of the cost-cutting program. Brisbane newsreader Georgina Lewis is also understood to be leaving the station.

The Brisbane and Perth bulletins will be anchored in Sydney from September 14, while Melbourne will present the Adelaide bulletin.

From Monday, September 14, former Brisbane newsreader Sandra Sully will present a 90-minute bulletin at 5pm to viewers in Sydney, Brisbane and Perth while Jennifer Keyte will anchor a combined Melbourne and Adelaide bulletin. Panel show The Project and 10’s national weekend news, hosted by Chris Bath, are unaffected.

Presenters, journalists and operations staff will be targeted under the widespread cuts.

“These painful changes reflect the state of the media industry in recent years and the need for all media companies to achieve new efficiencies,” Network 10 news director Ross Dagan said.

Local weather presenters will be replaced by a national meteorologist, however Network 10 will continue to employ reporters, camera operators and production staff in every city.

National weekend bulletins and panel show The Project will not be affected.