RTÉ is set to cut 200 jobs through redundancies

It will be rolled out over two years.

RTÉ has announced today that they will be cutting 200 jobs over the course of two years. They held a meeting with staff this morning where Director General Dee Forbes explained that the cuts were necessary to the companies survival. As part of the new changes to the structure of the company, they will be offering voluntary redundancies and retirement to current employees. Ms Forbes said:

"All of the changes and investment being planned are directly related to the necessary evolution of RTÉ to enable it to collaborate much more successfully, to compete realistically in a challenging market, and to better serve our audiences.”

This news follows the confirmation that RTÉ will sell almost 9 acres of land on the Donnybrook campus, with a guide price of €75m. Ms Forbes added:

"RTÉ has been operating with vastly reduced commercial and licence fee income, now in the region of €330m, compared to €440m in 2008, and has been under-investing in the organisation for nearly a decade now. That is unsustainable. The funds from the land sale will be used to invest in much-needed technology upgrades and in key digital infrastructure, to reduce debt levels, and to carry out other essential workplace improvements."