RNZ Plans to Cut the Equivalent of 58 Full-Time Jobs After $11.8m Loss
RNZ plans to cut the equivalent of 58 full-time jobs by the end of March after a $11.8m loss, with changes subject to employment processes.
On November 9, 2026, RNZ made public its annual-report plan at the public broadcaster to axe the equivalent of 58 full-time jobs - about one in six staff - by the end of March and cut running costs by at least 5 percent. At Metaintro, we track layoffs, store closures and return-to-office mandates in our layoffs tracker.
How Many Jobs Is RNZ Cutting?
The annual report sets out plans to axe the equivalent of 58 full-time jobs. The timetable is by the end of March.
Earlier reductions are part of that total: The company had already signalled in August an intent to cut 25 to 30 roles, which are included in the new 58 number.
Why Is RNZ Cutting Jobs?
The financial result was substantially worse than budgeted: The $11.8m loss is more than 25 times the $470,000 RNZ had expected to lose over the year to June.
The report describes accounting and spending problems, including RNZ wrongly counted $2m from land sales as income in its budget. It also says Staff costs also came in $3.2m over budget, including $1.4m in redundancy payments.
What Happens Next?
For staff, Proposed changes affecting staff would be subject to the required employment processes, RNZ said.
Alongside those processes, RNZ chair Brent Impey - who assumed the role in July - told Checkpoint the board would commission an independent review into what went wrong.
The union has called for a pause: E tū, the union for media workers, said no final decisions on jobs should be made until the next government is formed.
What Should Affected Workers Do Next?
Request written details about your role, consultation timetable and proposed changes.
Review your employment agreement and keep copies of relevant correspondence.
Ask your representative about redundancy terms and available support.
Update your résumé and collect examples of work you are permitted to share.
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People Also Asked
Q: When Are The Job Cuts Planned?
A: The annual-report timetable is by the end of March.
Q: Are Earlier Planned Cuts Included?
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