7 Mar 2024

TVNZ announces restructure

From Midday Report, 12:11 pm on 7 March 2024

One week on from the proposed shutdown of Newshub, TVNZ has announced a planned restructure which will see up to 68 people lose their jobs.

The state broadcaster is proposing to cut almost 10 percent of its staff across the business to bring costs more in line with its revenue.

It says it has to make difficult choices to remain sustainable.

Earlier this month TVNZ announced a $16.8 million loss for the six months to the end of December.

The changes are expected to be finalised by early April.

Media commentator and founder of The Spinoff Duncan Greive spoke to Charlotte Cook.