A deal between the union at the financially troubled Channel 10 television station and management limits pay cuts for most employees.
While employees on the high end of the pay scale will take cuts of up to 15%, the remainder, mostly affiliated with the journalists organization of the Histadrut labor federation, will suffer little or no reduction in salaries.
At Channel 2, where the franchisees have been facing their own financial problems, it was announced that two current affairs programs that had been taken off the air will be returned to the schedule, and the main evening newscast, which the station shortened to 45 minutes, will return to an hour.
The wage cuts at Channel 10 follow a commitment by the station to a 20% cut in expenses that are not required by regulatory requirements. The promise came as part of an agreement to keep Channel 10 on the air beyond tomorrow, when the station's current license was due to expire.
The package of concessions between the government and the station was worked out by the director general of the Prime Minister's Office, Harel Locker, and enacted into law by the Knesset. It provided for a rescheduling of the station's debt as well as other concessions to the license holders at Channel 2, the country's other main commercial television station.
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