Type
Internal restructuring
Country
Portugal
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Programming And Broadcasting Activities
60 - Programming and broadcasting activities

250 - 300 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2011
Employment effect (start)
Foreseen end date

Description

Portuguese state owned broadcaster RTP is to terminate between 250 and 300 contracts. According to earlier press reports, the job cuts will be implemented through voluntary departures. The management explained that this restructuring is due to the need to reduce costs and increase efficiency. No information on the timeline of the redundancies is available. 


Sources

  • 5 December 2011: agencia Financeira
  • 24 October 2011: Sol
  • 24 October 2011: Público

Citation

Eurofound (2011), RTP, Internal restructuring in Portugal, factsheet number 73262, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73262.