RTÉ To Cut 400 Jobs Within Two Years

It's expected to cost around €40m.

RTÉ will be significantly slimmed down following the news the broadcaster is to shed 400 jobs over the next two years.

Its expected to cost RTÉ in the region of €40 Million.

The news comes as staff get the opportunity to examine the broadcasters new strategic plan today.

In a separate development The Public Accounts Committee will meet this morning to discuss a note taken during a meeting in relation to Ryan Tubridy's contract.

PAC Chair and Laois Offaly Sinn Féin TD Brian Stanley says RTÉ must have a credible workable plan in place in order to restore confidence:

More content will be produced by independent companies, more shows will be broadcast from Galway and Cork and the RTE Donnybrook campus will be downsized. 

Deputy Stanley says PAC members are keen to see the plan:

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