2023-07-18 15:13:20
The media group ProSiebenSat.1 wants to adjust its structures with a focus on the streaming platform Joyn. Hundreds of jobs will be lost.
Unterfoehring.
ProSiebenSat.1 plans to cut around 400 jobs in Germany this year. That corresponds to around every tenth job in the entertainment core business and in the holding company, said a spokeswoman for the media group in Unterfoehring near Munich.
The group has long announced a realignment after completely taking over the Joyn streaming platform in autumn 2022. ProSiebenSat.1 made them the focus of its entertainment business. According to the company, the organization is now being reorganized, particularly in the entertainment segment. The aim is “a more efficient structure, a competitive cost base and processes clearly geared towards digital transformation”. The group announced that this has priority in order to be able to continue investing consistently in the future of the group, especially in content and digital offerings.
The job cuts will be carried out in a socially responsible manner through a volunteer program. Operational redundancies are to be avoided “as far as possible”. For example, positions that become vacant should not be filled. (dpa)
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