The UK’s public broadcaster faces a mounting crisis, worsened by a recent lawsuit from Donald Trump
British state broadcaster the BBC is set to cut between 1,800 and 2,000 jobs – about 10% of its workforce – as part of efforts to reduce operating expenses.
Interim Director General Rhodri Talfan Davies, who assumed the role earlier this month, informed employees of the planned downsizing on Wednesday following an all-staff meeting, first reported by the Financial Times. He pointed to “significant financial pressures” facing the organization.
“Put simply, the gap between our costs and our income is growing,” he wrote. “This is being driven by a number of factors: production inflation remains very high; our licence fee and commercial income is under pressure; and the global economy remains turbulent.”
The BBC is seeking to secure at least £500 million ($680 million) in annual savings over the next two years. The public-funded broadcaster currently employs around 21,500 full-time equivalent staff.
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