RTE to cut budget by E30.5m, axe 150 jobs CITY EDITION

Staff reductions to achieve the cost-cutting targets would be agreed through the firm's internal corporate partnership mechanism, it said. But it warned that job losses were unlikely to be less than the 150 already indicated. RT is also proposing to defer December's 5.5 per cent pay rise d...

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Bibliographic Details
Published inThe Irish times
Main Author JANE O'SULLIVAN and PADRAIG YEATES
Format Newspaper Article
LanguageEnglish
Published Dublin The Irish Times DAC 01.11.2001
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Summary:Staff reductions to achieve the cost-cutting targets would be agreed through the firm's internal corporate partnership mechanism, it said. But it warned that job losses were unlikely to be less than the 150 already indicated. RT is also proposing to defer December's 5.5 per cent pay rise due under the Programme for Prosperity and Fairness (PPF). They said job cuts in the region of 150 or more would not be possible on a voluntary basis. They also criticised RT management for failing to fully implement productivity measures already conceded, such as laptop editing. Mr [Eoin Ronayne] accused management of failing to capitalise on the productivity conceded in the last restructuring agreement, which saw a cut of 330 jobs. He also said senior RT management had "seriously mismanaged" the licence issue with the Government. "They failed to convince them that the introduction of serious competition from the private sector means RT will never earn the kind of revenue from advertising it achieved in the past."