Read this: ITV staff braced for hundreds more job cuts as |Media |guardian.co.uk
Summary: ITV is expected to cut several hundred more jobs and prune its 1bn-a-year programming budget to cut costs as the broadcaster looks to tackle its onerous 2.6bn pension fund and manage debt in the worst advertising recession for more than a decade. Senior management at the UK's biggest advertiser-funded commercial broadcaster, which employees about 4,500 staff, are finalising a wide-ranging package of cost-cutting measures designed to help the ailing broadcaster weather the unprecedented market conditions. The cuts are expected to be announced when ITV unveils its full-year results for 2008 on 4 March. - guardian.co.ukRead full article: ITV staff braced for hundreds more job c…
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