The UK’s national news network BBC plans to cut up to 1,000 jobs over the next few years to cut costs by 500 500m a year, according to Bloomberg.
The move comes as part of the BBC’s bid to become a digital-focused body, according to the plan by CEO Tim Davie, who addressed the staff.
BBC The BBC has set out the blueprint to build a digital public service media organization. In a speech to staff, Director-General Tim Davie said the BBC must reform to stay relevant and continue to provide great value for all.
https://t.co/B7CsQa6buk pic.twitter.com/gjlbeIoFzU– BBC Press Office (@bbcpress) May 26, 2022
The BBC will now have a single 24-hour news channel for both the British and international audiences and will stop broadcasting via the smaller CBBC, BBC Four and Radio 4 Extra channels.
Source: Capital
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