Al-Jazeera says to cut around 500 jobs

DOHA - Broadcaster Al-Jazeera said on Sunday that it is to shed around 500 jobs, most of them at its Qatar headquarters, as part of a "workforce optimisation initiative."

Al-Jazeera said in a statement that after a management review it was "expected that around 500 positions worldwide will be impacted, the majority of which are in Qatar".

The announcement comes just two months after the company said it would also close Al-Jazeera America.

Source: AFP via I-NET Bridge