Al Jazeera announces plans to cut 500 jobs
The job losses could happen as early as next week, according to an Al Jazeera manager. (Erem)
Broadcaster Al-Jazeera has announced plans to cut around 500 jobs, AFP reports.
Following a management review, it is expected that the majority of the job cuts, reportedly nearly 300 positions, will be from its Doha headquarters.
Acting director general Mostefa Souag said: "Based on this review, we have embarked on a workforce optimisation initiative that will allow us to evolve our business operation in order to maintain a leading position and continue our recognised commitment to high quality, independent and hard-hitting journalism around the world. While our decision is consistent with those being made across the media industry worldwide, it was difficult to make nonetheless."
One Al-Jazeera manager told AFP that the first job losses could come as early as next week, and that most of the losses would be from non-editorial positions.
At the start of the year, the broadcaster announced that it would be bowing out of the US cable market, having struggled to find its audience since 2012. Al Jazeera America will shutter operations from April, with the loss of around 700 jobs.
Prior to today's announcement, Al Jazeera employed around 4,500 people worldwide.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Qantas to move 400 tech jobs to India - plans to cut 1,500 jobs
- Iran's richest state foundation plans job cuts
- Bayt.com announces two upcoming events: the Bayt.com Middle East Virtual Job Fair and the Bayt.com Hospitality Virtual Job Fair
- AllWorld Network announces the Arabia Fast Growth 500 to be developed under the Patronage of Her Majesty Queen Rania Al Abdullah in Jordan
- Arabtec to cut jobs, but plans profits next year