Herald, ZBC retrench hundreds of employees

August 8, 2015, 4:16pm

Herald, ZBC retrench hundreds of employees

With Zimbabwe’s economy in the doldrums and showing no prospects of recovering any time soon, State media organisations -- the Zimbabwe Broadcasting Corporation (ZBC) and Zimpapers, the publishers of The Herald, the Sunday Mail and the Chronicle newspapers -- are retrenching hundreds of their staff.

This is despite the fact that they have over the past few weeks been leading a crusade against scores of other companies, including media organisations, that have recently right-sized their operations in the worsening economic climate.

Zimpapers moved to lay off dozens of journalists and other support staff on Friday, in an exercise that insiders said could see up to 150 staff members losing their jobs by the end of next week.

Daily News

The company's newly-appointed chief executive, Pikirayi Deketeke, confirmed the retrenchments last night, but declined to give the exact numbers of those affected.