Al Jazeera Network Set to Retrench 500 Workers

Al Jazeera Media Network will sack about 500 employees, as part of an optimization initiative which is in connection with the ongoing transformation of the media landscape.
According to a statement from All Jazeera which was also released on their official website, most of those affected are based at its Doha headquarters, which is controlled by Qatar’s royal family. Before the lay-offs, the network had about 4,000 staff, a spokesman said.

While speaking, the acting director-general, Mostefa Souag, said the network needed to conduct the lay-offs to maintain its position in the industry “in light of the large-scale changes under way in the global media landscape”.
"Based on this review, we have embarked on a workforce optimisation initiative that will allow us to evolve our business operation in order to maintain a leading position and continue our recognised commitment to high quality, independent and hard-hitting journalism around the world." He said.

Meanwhile, In January, the broadcasting network said it would close its U.S. cable news outlet less than three years after its high-profile launch. It cited economic challenges in the U.S. media market.

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