SRG also has to make substantial savings
SRG will not be able to avoid making staff cuts either. The reason for the additional cost-cutting measures is the decline in advertising revenue, Armin Walpen told the French-speaking Swiss newspaper Le Temps.
SRG will not be able to avoid making staff cuts either. The reason for the additional cost-cutting measures is the decline in advertising revenue, Armin Walpen told the French-speaking Swiss newspaper Le Temps.
The financial situation of SRG is not pleasant, said the Director General of the television and radio company. Walpen assumes that advertising revenue will fall by 6 to 7 percent in the current year. The 2009 deficit will be much higher than the budgeted CHF 25 million. In 2008, it amounted to CHF 79 million, CHF 24 million more than planned.
Cost-cutting measures were therefore unavoidable and would undoubtedly also affect staff, said Walpen. This will be "anything but motivating", although the company would need a lot of motivation for the recently launched media convergence project.
The financial situation of SRG is not pleasant, said the Director General of the television and radio company. Walpen assumes that advertising revenue will fall by 6 to 7 percent in the current year. The 2009 deficit will be much higher than the budgeted CHF 25 million. In 2008, it amounted to CHF 79 million, CHF 24 million more than planned.
Cost-cutting measures were therefore unavoidable and would undoubtedly also affect staff, said Walpen. This will be "anything but motivating", although the company would need a lot of motivation for the recently launched media convergence project.
