https://leftfootforward.org/2024/04/gb-news-begins-redundancy-round-cutting-40-roles/
GB News has begun a round of redundancy, seeking to cut 40 roles, amid an operating loss of £42.4m.
Chief executive Angelos Frangopoulos announced the redundancy plans to staff last week, with Press Gazette reporting: “The business is currently appealing for staff open to taking voluntary redundancy to come forward, offering up to two months’ salary and possible payment in lieu of notice as enticement.
“One staffer at the channel told Press Gazette there was “a real ‘last days of Saigon’ vibe in the office right now”.
The right-wing channel announced last month that its operating losses had grown 38% to £42.4m in the year to May 2023.
…
https://leftfootforward.org/2024/04/gb-news-begins-redundancy-round-cutting-40-roles/