Al-Jazeera network to slash 500 staff

Qatar’s al-Jazeera broadcasting network is laying off about 500 employees or more than 10 per cent of its staff, reflecting financial pressures on the tiny Gulf state due to low global prices for oil and natural gas.

Most of those affected are based at its Doha headquarters, according to Sunday’s statement from the network, which is controlled by Qatar’s royal family…

Source: Al-Jazeera network to slash 500 staff