NZ’s MediaWorks asks staff to take a pay cut

31 March 2020 · News

The NZ Herald is reporting that MediaWorks staff have been asked to take an immediate and voluntary pay cut of 15%.
 
According to the NZ Herald, CEO Michael Anderson spoke to staff about the pressures facing the business amid the current pandemic.
 
Advertising revenue has taken a massive hit in New Zealand, despite an increase in media consumption.

 
 
 
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