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ITV is set to cut up to 200 jobs and restructure its media and entertainment business as it seeks to save £50m a year.

The broadcaster is asking for voluntary redundancies as well as making compulsory job cuts as it prepares to more closely align its linear and streaming business.

It has not yet confirmed how many positions this will ultimately affect, but reports have suggested 200 – around one in ten of the workforce in the affected divisions, which include commercial, technology and operations.

Group strategy partnership and distribution director Martin Goswami is standing down later this year after 14 years with the company.

ITV has now kicked off a 45-day consultation with staff whose roles will be affected.

The broadcaster already has a recruitment freeze, which remains in place.

Following the two-year launch phase of ITVX, the broadcaster is reshaping its media and entertainment division around four pillars:

Content - run by M&E content director Ro Newell, will cover acquisitions, commissioning, scheduling and the news and current affairs division.

Viewing - run by chief viewer officer Jane Stiller, will manage the ‘viewer experience’ through marketing, product, distribution and insights.

Commercial - led by managing director of commercial Kelly Williams, will cover interactive revenues and monetising audiences and content. 

Operations - headed by chief operations officer Sarah Clarke, will span strategy and operational activities, with a new team responsible for business execution, strategic planning and prioritisation. 

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