TVB to retrench close to 200 staff after suffering big losses


TVB's 'Big White Duel 2' was released in 2022. Photo: Handout

Hong Kong broadcaster TVB announced recently that due to heavy losses, it will cut 5% of its staff as well as trim on production costs.

This is the company's bid to save HK$260mil (RM147mil) in annual operating expenses.

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