---
title: "RNZ Plans to Cut the Equivalent of 58 Full-Time Jobs After $11.8m Loss"
canonical: "https://www.metaintro.com/blog/rnz-layoffs-58-full-time-jobs-2026"
language: "en"
author: "metaintro"
published: "2026-11-09T13:30:13.000Z"
modified: "2026-11-09T13:30:13.000Z"
---

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# 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.

[![Metaintro Team](https://cdn.metaintro.com/rs:fill:40:40/q:72/plain/images/9127a74a-194f-44f4-8743-8bdcda5e717c.jpg)Metaintro Team @metaintro](/blog/author/metaintro)

[November 9, 2026](/blog/archive/2026/11)3 min read

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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](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss). At [Metaintro](https://www.metaintro.com), we track layoffs, store closures and return-to-office mandates in our [layoffs tracker](https://www.metaintro.com/layoffs).

## How Many Jobs Is RNZ Cutting?

The annual report sets out [plans to axe the equivalent of 58 full-time jobs](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss). The timetable is [by the end of March](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss).

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.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

## 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.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

The report describes accounting and spending problems, including [RNZ wrongly counted $2m from land sales as income in its budget](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss). It also says [Staff costs also came in $3.2m over budget, including $1.4m in redundancy payments.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

## What Happens Next?

For staff, [Proposed changes affecting staff would be subject to the required employment processes, RNZ said.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

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.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

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](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss).

## 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.

## Related Articles

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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](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss).

### Q: Are Earlier Planned Cuts Included?

A: Yes. [The company had already signalled in August an intent to cut 25 to 30 roles, which are included in the new 58 number.](https://www.rnz.co.nz/news/business/2466817/i-ve-never-seen-anything-like-this-rnz-plans-job-cuts-after-shock-12m-loss)

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