LONDON: Grappling with a 150-million-pound budget deficit, the BBC on Thursday announced it is axing more than 1,000 jobs, as senior management services are sacrificed in a massive drive expected to save 50 million pounds annually for the corporation amid changing viewing habits.
“A simpler, leaner, BBC is the right thing to do and it can also help us meet the financial challenges we face,” Tony Hall, director general of the BBC, told staff here.
The current wave of cuts is expected to save around 50 million pounds a year, but the BBC has suggested there could be more job losses as it grapples with a 150-million-pound budget gap in its licence fee income largely due to the faster-than expected switch to online viewing.
“We’ve already significantly cut the costs of running the BBC, but in times of very tough choices we need to focus on what really matters delivering outstanding programmes and content for all our audiences,” he said.
An unexpected increase in the number of households saying they do not watch live TV so do not pay for a licence has been blamed for the shortfall.
Most of the jobs will go from BBC’s professional and support services, as part of efforts to cut back on duplication of roles.
Follow this link to join our WhatsApp group: Join Now
Be Part of Quality Journalism |
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast. |
| ACT NOW |
| MONTHLY | Rs 100 |  |
| YEARLY | Rs 1000 | |
| LIFETIME | Rs 10000 | |
