NZME slashes 15% of workforce as advertising plummets
Government hints at help this week but too late to save all at stricken media empire.
NZX-listed NZME has slashed 200 positions as part of a raft of initiatives to try and offset the loss of almost half its advertising over the year – the same week the government has hinted it will ride to the rescue of the country’s ailing news media.
In a notification to the NZX this
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