Mass redundancies at Foxtel and ARN
Foxtel and Australian Radio Network have both announced mass redundancies on the same afternoon, with well over 100 media jobs set to disappear.
ARN, parent company of the Gold and Kiis radio networks, told staff on Wednesday afternoon there would be “a reduction in headcount”, as part of a $40 million cost-cutting exercise announced in late February.
Foxtel Group is making around 100 redundancies just four weeks after the company’s $3.4 billion takeover by global sporting streaming Dazn was finalised.
So ARN give $200m to that vile Kyle then sacked their poor staff trying to survive, disgusting
It would be immoral to pay the CEO a bonus with mass redundancies being made.
sounds like first phase of gutting the australian operation and making the european model fit domestically. next stop marketing, operations and cutting sports shows.
The Foxtel redundancies have been coming through thick and fast across the past 12 months, even prior to the DAZN takeover, to the point where they stopped sending emails about it in case it leaked to media.
And I for one welcome our new insect overlords. I’d like to remind them as a trusted TV personality, I can be helpful in rounding up others to toil in their underground sugar caves