Read: They fired people yesterday.
How many? No one is really sure. I know of 5 definites across production and engineering ... reports are up to 20 were asked to leave, including one very senior staffer.
Edit: Just 6 days earlier Y7 told The Oz they had no immediate plans to make local redundancies - http://www.australianit.news.com.au/story/0,24897,24540225-5013040,00.html