Politik says NZME job losses may hit 150

Politik reports:

The NZME media group which includes Newstalk ZB and the NZ Herald is thought to be looking for over 100 redundancies as it restructures.

It has so far publicly refused to confirm any numbers but details of the plan leaked to POLITIK indicate that the company may be looking to terminate at least 150 staff.

That would put a huge hole in New Zealand’s largest media company and has the potential to impact on its highly regarded journalism.

The numbers being talked about would make this the biggest media mass redundancy New Zealand has seen.

Tough times for those affected.

POLITIK understands staff will not have specific desks but instead will be required to “hot desk”.

One journalist who asked where they could keep files was told in future hard copy files would be located in the company library in Ellerslie and could be delivered to Victoria Street.

Hmmn journalists with no desks or files.