The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Publishing Of Information; Production And Programming Of Audiovisual Programming And Broadcasting Activities 60 - Programming And Broadcasting Activities
400 jobs Number of planned job losses
Announcement Date
25 June 2024
Employment effect (start)
25 June 2024
Foreseen end date
30 June 2029
Description
National broadcaster Radio Teilifis Eireann (RTE) is to cut 400 jobs over a five-year period as part of a new strategy as it attempts to secure a €20 million bailout from the government.
Funding for the voluntary redundancy programme is estimated to cost around €50 million. The new plan was brought to the Government Cabinet meeting on the 25th of June 2024 by the Minister with responsibility for Media, Catherine Martin. A series of meetings between staff and management are planned to discuss the details of the plan.
Eurofound (2024), RTE, Internal restructuring in Ireland, factsheet number 201347, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201347.
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