The Government has agreed to provide 56 million euros (£48.7 million) in additional funding to RTE after the organisation published plans to reduce its workforce by 400 by 2028.
Ministers signed off on the interim funding package, which will be subject to certain conditions, at cabinet on Tuesday.
The move was confirmed as RTE director general Kevin Bakhurst briefed unions on his planned cost-cutting measures for the crisis-hit broadcaster.
A key element of the strategic reform plan is a voluntary redundancy scheme, estimated to cost 40 million euros, and which would reduce headcount by 400 – 20% of the current staffing level.
Expenditure next year will be cut by a minimum of 10 million euro.
“2024 will be a challenging year and one in which we will have to manage our cost base carefully. Hard choices will be made,” Mr Bakhurst states at the beginning of the report.
The 56 million…
