BBC plans to cut over 1,000 jobs
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
THE BBC said on Thursday that it was cutting more than 1,000 jobs, mostly in management, as part of a long-term drive to reduce costs that has been accelerated by changing viewing habits. More people are watching programmes online, leading to a sharper than expected decline in the numbers paying the BBC licence fee levied on all households with a television, the British broadcaster said.
The income from the fee, frozen by the government at £145.50 (S$306) a year, is now forecast to be £150 million less in 2016/17 than it was expected to be four years ago. As a result, the BBC has proposed merging divisions, cutting up to three layers of management in some areas and "simplifying" support services such as marketing, finance, human resources and IT.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts