The accounting firm, Deloitte, appointed by the government to manage the cash-strapped broadcaster Asia Television (ATV), has said the station will lay off all its staff.
ATV's licence is set to expire by the end of March. But the surprise announcement of staff layoffs on Monday indicates that the station may go off air sooner than expected.
Deloitte confirmed the lay-offs after meeting with workers at ATV's offices in Tai Po.
Members of ATV's senior management have been to the High Court to see if they can get a court order to keep the station running. Later, ATV spokesman Wong Sau-tung said the station is waiting for instruction from the court regarding its liquidation, and there will be a hearing on Tuesday afternoon at 3 pm.
The Secretary for Labour and Welfare, Matthew Cheung, says the government will do all it can to help ATV's employees.
The troubled station has had trouble paying its workers over the past couple of years.
Both the Office of the Communications Authority as well as the Commerce and Economic Development Bureau, have said they were not notified of the move by the liquidator.
Last updated: 2016-02-29 HKT 21:52