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Ideal World cuts staff

December 7, 2008 10.01 Europe/London By Julian Clover

Shopping Channel Ideal World is reducing its headcount by 15% in a move the company said would allow it to remain competitive.

70 jobs are going at the Peterborough-based firm that operates three channels; Ideal World, Ideal World 2, and Create and Craft. Between them the channels have distribution on satellite, cable and DTT.

Temporary staff will be phased out by the end of the month while a voluntary redundancy scheme has also been launched.

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Filed Under: Finance, Newsline Edited: 7 December 2008 10:31

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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