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Fri 03 Mar 2009RTÉ staff face pay cuts as advertising revenue falls
RTÉ STAFF are set to face pay cuts following the announcement by director general Cathal Goan that the broadcaster is facing a €68 million shortfall in advertising revenues for 2009. In a letter to staff yesterday Mr Goan said €10 million in savings must come from “personnel-related” operating costs.
The level of pay cuts has yet to be determined. However, a spokesman for RTÉ said the cuts would be based on the graduated scale of earnings, with the higher paid taking a larger percentage cut.
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