BBC slashes 100 jobs, closes two channels
LONDON: The BBC announced more than 100 job cuts and the closure of two channels on Tuesday as the cash-strapped UK broadcaster seeks to save £500 million (US$668 million) over the next two years.
The BBC announced the closure of two channels and over 100 job cuts on Tuesday as it seeks to save £500 million over the next two years. BBC News, which accounts for just under 100 of the 2,000 potential job losses, cited the need to make every pound work harder for audiences in a message to staff. BBC Scotland and BBC Three, a channel aimed at youth, will be discontinued, but their content will remain accessible on the iPlayer streaming platform and BBC Sounds.
Director Rachel Jupp, who took over recently, acknowledged the need for tough choices as the corporation faces severe cost pressures after a 25% drop in licence fee income since 2017. The BBC plans to cut £500 million from its £5 billion budget over three years, making it the largest round of redundancies since 2011. Scottish Culture Minister Mairi McAllan criticized the move to move BBC Scotland online as "wholly unacceptable."
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