BBC News to bear deepest cuts amid 2,000 planned job losses
Summary
The BBC plans to cut 15% of its news division's costs, leading to many job losses as part of a larger effort to save money across the company. Around 2,000 jobs may be lost, with the biggest cuts hitting the news operation, which has many staff expenses.Key Facts
- The BBC aims to reduce costs by about £600 million across the organization.
- About 2,000 jobs could be cut, mostly affecting the news division.
- BBC News staff are expected to face a 15% cost reduction, higher than the BBC-wide average of 10%.
- The BBC has 21,500 employees in total, with news staff making up about a quarter.
- New BBC Director General Matt Brittin starts on May 18.
- Cuts follow a period of controversy and financial strain for the BBC.
- BBC News spends £324 million yearly, much of it on wages.
- There may be more use of mobile journalism to cut expenses on expensive equipment and travel.
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