Star TV to cut jobs in shake up
Star TV, the Asia flagship of Rupert Murdoch’s News Corp, yesterday announced a restructuring that will see it cut around 30 per cent of its Hong Kong headquarters staff to focus on the lucrative India market. Star TV boss Paul Aiello will also resign under the overhaul announced by James Murdoch, Rupert Murdoch’s son and chief executive of Europe and Asia for News Corp. It will cut about 150-200 people of the 550 people it employs in Hong Kong.