The broadcaster has flatly rejected press reports that it’s planning to halve the 1,400 staff at its London South Bank HQ over the next few years. Or that more jobs will go among the 2,600 ITV staff members elsewhere in Britain and Europe. Announcing CEO Adam Crozier’s appointment in January, chairman Archie Norman said ITV’s priority was change “not cost reduction”. “That scale of job losses is certainly not on the agenda,” the broadcaster tells me. Talk that ITV was planning swingeing job losses surprised the City. Paul Richards, media analyst at Numis, tells me he doesn’t think there’s a pressing financial reason for heavy job losses right now. ITV’s debt load has come down as it emerges out of recession and the ad market picks up. “ITV is in a much stronger financial position than it was,” says Richards. “If there is a significant headcount reduction then it would be because Crozier and Norman think they can do the same job with fewer people.”
ITV Denies That Massive Job Cuts Planned
What's Hot on Deadline
'Justice League' Currently Stumbling With $97M+ Opening: Are 'Wonder' & 'Thor' Cutting Into Business?
Sony Pictures Confirms Quentin Tarantino Deal; Margot Robbie, Tom Cruise, Brad Pitt, Leonardo DiCaprio Circling
Ryan Eggold, Who Played Fan Favorite Tom Keen In 'The Blacklist,' Joins Spike Lee's 'Black Klansman'
Actress Accuses 'Girls' EP Murray Miller Of Sexual Assault; Showrunners Lena Dunham & Jenni Konner Defend Him - Update
Latest TV News
- Bill Maher: Don’t Lump Al Franken With Weinstein, Spacey & Donald Trump
- Wendy Pepper Dies: Contestant On First Season Of ‘Project Runway’ Was 53
- Vice Forms All-Female Advisory In Wake Of Exec’s Conduct Suspension
- ‘True Detective’: Carmen Ejogo To Star In Season 3 Of HBO Anthology Series
- AT&T-Time Warner Merger Antitrust Review Casting Pall Over Fox Talks
- Eva Longoria Teams With David Schulner & Nisha Ganatra For ‘Lucky Boy’ Immigrant Drama Series Based On Book