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Swiss Media Company Restructures, Cuts Jobs

SRF 4 News Zurich 17d Impact 5
The Gassmann Group has announced a restructuring plan that includes significant job cuts at Telebilag, with staff being laid off by the end of July. This decision follows the awarding of a media concession worth approximately 3.7 million Swiss francs annually to Kanal B, a media company from Neuchâtel. Kanal B plans to operate two stations in the region, one in German and one in French.

Topics

media industry job cuts restructuring

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Sources · 7 independent

SRF 4 News

“Die Gassmann-Gruppe reagierte Anfang April umgehend, hat eine Umstrukturierung angekündigt und der Belegschaft von Telebilag auf Ende Juli gekündigt.”

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