Channel 4 to lay off 340 staff by year-end
Channel 4 plans to cut 340 jobs by the end of the year, reducing its workforce by over 28% as part of a strategic transformation to improve efficiency and focus on distinctive programming. The decision aims to address challenges faced from changing audience habits, increased competition, and a volatile advertising market. The layoffs represent the largest in the network's history, with further strategic details to be shared soon.
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