Sunday , October 13 2019
Home / newzealand / Sky Television talks with 250 staff about changes that "could affect some roles"

Sky Television talks with 250 staff about changes that "could affect some roles"



Sky TV is exploring growth opportunities, but has seen its satellite subscriber base continue to shrink.

TOM PULLAR-STRECKER / STUFF

Sky TV is exploring growth opportunities, but has seen its satellite subscriber base continue to shrink.

Sky Television consults with 250 employees – just under a quarter of the workforce – regarding restructuring that could affect "some roles and the overall size of the team."

“We have candid conversations with our people about how we are structured and new ways of working,” said spokeswoman Kristy Martin.

Martin said Sky should be organized in "a simpler way that helps us move quickly, be data-oriented, customer-focused and collaborative."

"In the highly competitive entertainment world, we need to be as fit and efficient as possible to provide New Zealanders with the best of local and international content at a price they can afford," she said.

READ MORE
* Sky TV shares crumble after $ 670 million write-off, dividend suspension
* Sky TV wins naming rights for venue in Wellington
* Sky TV could become the latest up to shareholder payout
* Sky Television is becoming international

She would not comment on the likelihood of a layoff.

"We work with our people to achieve this and we want to work internally together before saying anything publicly," she said.

Sky shares closed at $ 1.13 on Wednesday, short of their record high of $ 1.08, reaching late last month.

The company announced in August that it was suspending dividends to shareholders to focus on investing, and lost another 42,000 satellite subscribers in the year to the end of June.

The company employed 1,137 employees, Martin said.


Source link