"The division, home to about a quarter of all BBC staff, is being saddled with one of the highest cost-cutting targets as the corporation attempts to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years."
"During a video meeting held with BBC News staff, understood to have been attended by about 300 employees, staff were told to expect significantly deeper cuts than the 10% pan-BBC target."
"Richard Burgess, the director of news and content, who is responsible for more than 800 journalists, said on the video call that the entire news division can expect to have to make cost cuts of around 15%, with job cuts a major focus."
BBC News is set to implement a 15% budget cut, resulting in heavy redundancies as part of a broader plan to reduce costs by 600 million. Approximately 2,000 jobs may be lost, marking the largest downsizing in 15 years. Staff were informed that the news division would face deeper cuts than the overall 10% target for the corporation. The new director general, Matt Brittin, will oversee these changes, which follow previous controversies and financial challenges within the organization.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]