
RNZ plans job cuts after shock $12m loss
RNZ has dug itself into a $12 million financial hole. Redundancies and other cuts are part of the plan to dig it out. It's just released books show an $11.8 million deficit due to a litany of budget blowouts and other accounting errors. The CFO, Hilary Parker resigned and walked off the job in early October. Nearly 60 full-time jobs will be cut by March. Board chair, Brent Impey spoke to Lisa Owen.
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