Lausanne, Switzerland (GenevaLunch) – SSR’s chairman Armin Walpen announced Thursday morning that the company will be freezing jobs in 2009 at the 2008 level and taking other cost-cutting and containment measures. SSR is the parent of Swiss French-speaking radio and television, RSR and TSR, as well as World Radio Switzerland, WRS and swissinfo, a multi-language online Swiss news site.
The staffing freeze is part of a larger package of measures designed to offset two problems:
- investments that could not be put off have grown in cost while licensing fees have not produced more income since 2000
- the current economic situation has meant a fall in advertising revenue while at the same time personnel costs, in particular those related to pension schemes, have risen more rapidly, 2.8% for 2008, than planned.
SSR already has in place a cost-cutting plan of CHF100 million a year but to this it is adding another CHF20 million for 2009 to improve the financial health of its pension scheme.
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 18 December 2008.
Filed under: Uncategorized
Tags: Armin Walpen, Idee Suisse, Lausanne, SRG, SSR, Swiss television
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