A media commentator says cuts at NZME are just the latest in a troubled industry. 

NZ Herald and Newstalk ZB owner NZME is proposing a restructure, with a net loss of about 38 roles.

Spinoff founder Duncan Grieve says all around the world massive cuts are taking place while other brands disappear completely. 

He says it's not a problem which is likely to go away.

"It wouldn't shock me if this was just setting off another year of that - and it might not be anything like the biggest we're going to see."

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A media commentator says cuts at NZME are just the latest in a troubled industry.&nbsp;
NZ Herald and Newstalk ZB owner NZME is proposing a restructure, with a net loss of about 38 roles.
Spinoff founder Duncan Grieve says all around the world massive cuts are taking place while other brands disappear completely.&nbsp;
He says it's not a problem which is likely to go away.
"It wouldn't shock me if this was just setting off another year of that - and it might not be anything like the biggest we're going to see."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Duncan Grieve: Spinoff founder expects more industry cuts to come following NZME restructure

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/722d33e8-7dd3-4d40-997a-b26d006f88b6/transcript