How many people do you need to run a TV station? RTVV fires 76% of its workforce and admits it owes 1,3 billion euros

Radio TV Valencia, the TV & radio broadcaster owned by the Valencia region, has announced it is to fire 76% of its workforce as being “surplus to requirements”. Out of the 1.695 people employed by the publically owned broadcater, only 400 people will keep their jobs. RRTV will cut its wage bill from 74 million euros to just 17 million for next year as part of a drastic austerity drive at the station. A further Continue reading How many people do you need to run a TV station? RTVV fires 76% of its workforce and admits it owes 1,3 billion euros