Surprise move could mark a reduction in state commitment to Qatari-owned media group amid falling oil prices Al-Jazeera is expected to cut hundreds of jobs worldwide as the Qatari-owned broadcaster looks to accomplish savings in the face of a falling oil price and a possible radical change in investment strategy.
The surprise move will not only see an estimated 800 to 1000 staff move – nearly one quarter of the total workforce – but could presage the emir of Qatar reducing the state’s commitment to the news media group that was supported by his father. The news organisation has been a hugely successful way of maintaining influence in the Arab world and beyond.
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Source: theguardian.com