Broadcaster announces 10% reduction in workforce amid tougher global media environment and oil price slumpAl-Jazeera is to slice about 500 jobs worldwide, with most of the layoffs expected in the broadcaster’s home base in Qatar. The news network said the cuts were in line with changes in global media; many organisations hold been forced to reduce staff and tighten budgets – though the state-funded channel will also hold been impacted by falling oil prices.
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Source: theguardian.com