After announcing the closedown of its American cable news network earlier this year, Al Jazeera is now planning to axe around 500 jobs. According to the Qatar-based broadcaster the step is taken to rationalize its workforce in the face of the ‘ongoing transformation of the media landscape’.
“Over the past few months, we have carefully evaluated every option available to the Network in order to ensure that we are best positioned in light of the large scale changes underway in the global media landscape. Based on this review, we have embarked on a workforce optimization initiative that will allow us to evolve our business operation in order to maintain a leading position and continue our recognized commitment to high quality, independent and hard-hitting journalism around the world,” said Mostefa Souag, Acting Director General, Al Jazeera Media Network .
Most of the job losses will be at the network’s Doha headquarters, according to the company’s report.
“While our decision is consistent with those being made across the media industry worldwide, it was difficult to make nonetheless. However, we are confident it is the right step to ensure the Network’s long-term competitiveness and reach,” he added.