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 60.20 - Television programming and broadcasting activities
141 jobs Number of planned job losses
Announcement Date
4 May 2017
Employment effect (start)
4 May 2017
Foreseen end date
31 December 2020
Description
On 4 May 2017, German public-service television broadcaster ZDF announced to cut 141 full-time positions in Mainz, Rhineland-Palatinate, by 2020.
Income from TV licences fell short of the expected figures which is the main reason for the job reduction measures as the expected surplus of €184 million dropped to €88 million in the ongoing contribution period.
Also German public-service television broadcaster ARD recently announced to cut 370 jobs (ARD, 2017).
Sources
4 May 2017: Hamburger Abendblatt
4 May 2017: Der Westen
Citation
Eurofound (2017), ZDF, Internal restructuring in Germany, factsheet number 90836, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90836.
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