Network TEN is urging employees to reduce their hours and forcing staff to take leave over Easter while its major shareholder CanWest attempts to hold off bankers.
In an email sent to every employee CEO Grant Blackley writes TEN has “considered our own response” to the global economic crisis. “This includes staffing,” he said. “Put simply, we must manage our workforce as effectively as possible.
“You are … offered the opportunity to reduce the number of days you work per week or fortnight, or the number of hours you work each day. Your remuneration will be pro-rated accordingly.”
The email notes the measures are being put into action across the Network now, and without exception.
“Whilst they are being implemented to assist in reducing our staffing overheads, they may also offer you the opportunity to restructure your working life to better meet your own needs.”
The leaked email orders all ‘non essential’ staff to take a minimum of two days off over Easter. Workers without accumulated leave should take unpaid holidays over the period. Staff with long service leave are also being forced to take time off.
This week TEN’s major shareholder, CanWest won a two-week reprieve from bankers over its $4.5 billion debt load.
TEN officially launches its new channel ONE on March 26th.