167 Workers Laid Off at Argentine Network El Nueve

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by @todotvnews the 08/11/2018
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The network, owned by Albavisión, announced it will lay off 167 workers in order to face the economic crisis knocking on its door. 

Facing a crisis that's been going on for several months, Argentine network El Nueve has presented a measure that will see 167 workers laid off. The network currently has a workforce of 565 employees.

The proposal was presented to the Argentine Ministry of Labor in mid-October and was revealed this week by Argentine newspaper La Nación, which accessed the document and estimates that the layoffs will happen sometime during the remainder of this year and the beginning of the next.

Owned by Albavisión, the network has been facing an economic crisis for months due to the current situation in Argentina and its troubles securing solid ratings: in October, it was the fourth most watched network in Argentina with an average of 2.5 points.

The personal most affected includes technicians, cameramen and scenography, which will be replaced by neutral backdrops or chromas.

"We are in a very delicate situation since it's a difficult year for us and for the industry. The economic problems have worsened, especially on our network. It's more complicated when we're talking about jobs," said Diego Toni, artistic director for the network when talking with La Once Diez / Radio de la Ciudad.

"Nobody escapes the crisis in our country, which also comes hand in hand with a drop in advertising investments, has changed the way television is watched. You don't have the same money you had last year and everything goes to the detriment of producing," he added.

In addition to the layoffs, the executive confirmed the cancellation of several shows, such as Combate and Todo por hoy.

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