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Famous company to lay off 600 employees

German media giant RTL plans to lay off 600 employees in Germany due to economic difficulties.

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Famous company to lay off 600 employees

RTL has announced that it has entered a restructuring process to strengthen its operations in Germany. The company plans to terminate the employment of 600 full-time staff during this process. It was stated that the layoffs will be carried out with social responsibility in mind, through special severance programs and early retirement options.

RTL, which is part of the Bertelsmann group, announced that it made this decision due to weak economic conditions, a decline in advertising revenues, and structural changes in the media sector. The company aims to strengthen its position in Germany with this step.


News Source: 12punto