Staff in shock and disbelief: Newshub plans to close
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Newshub staff say they're in total shock and disbelief on learning the media company plans to close its newsroom in New Zealand at the end of June. The bombshell announcement came at an emergency meeting held in Auckland this morning, the reason, the economic downturn and a collapse of advertising revenue. Around 200 jobs are on the chopping block, with consultation planned before a final decision is made in April. It could spell the end of 35 years of news broadcasts on TV Three, including its flagship 6 o'clock news and the newshub website. Amy Williams reports.