Thursday, 15 June 2023

Broadband TV News: ProSiebenSat.1 to make significant job cuts

Story from Broadband TV News:

Employees at ProSiebenSat.1 are facing a nervous period after the company’s chief executive said the German broadcaster was preparing for a further restructuring.

“The reduction exercise that we are preparing for is significantly bigger in size than the previous restructurings that we had in our group,” Bert Habets told journalists in Frankfurt.

ProSiebenSat.1 is continuing its strategy to reduce costs and concentrate on its core entertainment business.

A round of job cuts in 2019 saw the departure of 120 staff.

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