13 full time positions have been cut at the national commercial television station TV3.
In a statement last night, the company said there would also be some reductions in certain operating budgets. But it added that there would be an overall increase in the programme production budget, with the majority of the budget being used for home produced programming.
The company said it was poised to meet fair competition and what it termed the cyclical aspects of the economy and the TV advertising market.
But it criticised what it called the unrestricted use of licence fee funding which it said had caused market distortions that negatively affected potential advertising revenues.
