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.
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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.