HONG KONG — Hong Kong’s leading commercial network Televisions Broadcasts is laying off 212 staffers, around 7% of its 2,900 workforce.
TVB’s general manager Stephen Chan Chi-wan said Monday that most of the layoffs will come from production resources departments, including behind-the-scenes personnel from wardrobe, set construction, hair and makeup, as well as administrative staff.
The broadcaster said that it had been adversely affected by the financial crisis and needed to adjust accordingly.
“This is a painful decision. None of us want this to happen, but we still have a responsibility to shareholders, and we are just trying to lessen any adverse effects,” said Chan.
Layoffs have been anticipated at TVB since early November when the territory’s second free-to-air broadcaster Asia Television (ATV) fired 63 staffers due to declining advertising revenue.
The TVB move was condemned by several trade unions, which held small demonstrations outside the broadcaster’s Television City studio complex.