SUNBIZ

Rightsizing Plan For Fiji TV, Redundancy Categorically Denied

It has been publically acknowledged that Fiji Television Limited is overstaffed and indications are a rightsizing programme will be underway to bring numbers down. Nouzab Fareed, chief executive of FHL
02 Sep 2015 10:13
Rightsizing Plan For Fiji TV, Redundancy Categorically Denied
Nouzab Fareed, chief executive of FHL Group.

It has been publically acknowledged that Fiji Television Limited is overstaffed and indications are a rightsizing programme will be underway to bring numbers down.

Nouzab Fareed, chief executive of FHL Group, which Fiji Television is a subsidiary of, confirmed this.

Mr Fareed said Fiji Television has 160 plus staff members and there will be a rightsizing programme.

But, he has categorically denied there is a redundancy programme for Fiji TV.

He said if anyone is willing to leave, the company will assist and this type of programme was not new.

“It has been implemented with Pacific Cement, FHL Logistics and Blue Lagoon Cruises in the past by Fijian Holdings,” he said.

 

Group employment

Fijian Holdings Limited Group’s paid out $26.8 million as staff employment cost in its 2015 financial year.

The group currently employs up to 1580 staff members.

Mr Fareed said there are certain subsidiaries in the group where more employment opportunities exist.

 

SKY Pacific

Furthermore, subsequent to the balance sheet, FHL has disclosed its desire to explore for a strategic partner for Fiji Television’s SKY Pacific business.

Mr Fareed confirmed they have received interest from at least five businesses of which three have signed non-disclosure agreement and of which two are overseas-based companies.

Feedback: rachnal@fijisun.com.fj

 

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