NDM: ABC to lose 200 jobs by June in latest round of cuts

ABC to lose 200 jobs by June in latest round of cuts

Link: https://www.theguardian.com/media/2017/mar/07/abc-to-lose-200-jobs-by-june-in-latest-round-of-cuts

Summary:

The CEO of ABC has taken the decision to make 200 jobs redundant. This is said to be the toughest strategy to bring forth transformational change to the national broadcaster. They plan to the job losses to start immediately in support areas in the TV news and television divisions, and move on to content areas later in the year.

Statistics:

• The ABC will cut 20% of management positions and lose 200 staff by June
• The executive team will be reduced from 14 to eight and powerful new overarching roles
• We aim to reduce management roles by 20% across the corporation

Own view:

I believe this is an indication in the decline in news via T.V. This doesn't mean that TV as a whole is dying, this is largely due to the vast TV shows that are being put on air, which are reviving the platform and keeping it strong. Shows such as, The Flash, Narcos, Breaking Bad and Game of Thrones.