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Further layoffs on the cards for TVNZ staff

Staff will find out today whether their jobs are safe as the company tries to cut $30m in costs.

Television New Zealand is entering a fresh round of consultation with staff over further job cuts to help plug a $30 million funding gap.

The state-owned broadcaster reported a post-tax loss of $85m in the year ended June, which included a $62m impairment of programme rights and fixed assets,

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Nicholas Pointon Wed, 06 Nov 2024
Contact the Writer: nicholas@nbr.co.nz
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Further layoffs on the cards for TVNZ staff
General Business,
106579
true