BBC to cut 2,900 jobs in cost-cutting 'transformation'
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The BBC said it would eliminate 2,900 jobs, or more than 10 percent of its workforce, as part of a cost-saving "transformation" of the world's biggest and best-known public broadcaster.
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Britain's public broadcaster, the BBC, announced plans on Thursday to cut 1,800 jobs and integrate its TV, radio and Internet news operations to confront the digital-age shift away from traditional media.
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The BBC, the world's largest public broadcasting company, announced plans on Tuesday for some of the biggest budget cuts in its 82-year history, slashing at least 10 percent of its staff and more than $550 million.
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The BBC's international website will carry advertisements to help plug a Â£2bn budget shortfall.
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Broadcasting Unions demanded on Friday that the BBC drop plans to cut 1,800 jobs or face strike action.
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London, Dec. 7 - Britain&#39;s public broadcaster, the BBC has confirmed one of the biggest shake-ups in its 82-year history. It plans to axe over 2,900 of its 28,000 jobs over the next three years, in a move
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ABN Amro, the Netherlands' largest bank, is cutting 2,850 jobs as a result of falling profits.
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Nearly three thousand jobs are to be axed at the British Broadcasting Corporation (BBC) as part of a cost-saving &quot;transformation&quot; of the world&#39;s biggest and best-known public broadcaster.
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Having angered Queen Elizabeth and the public, Britain's BBC is set to shed staff with sweeping job cuts this week in the biggest crisis to hit the world-renowned broadcaster since a government clash over Iraq.
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LONDON -- British Broadcasting Corp., the world's largest public broadcasting company, announced plans yesterday for some of the biggest budget cuts in its 82-year history, slashing at least 10 percent of its staff and more than $550 million.
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Delta Air Lines yesterday announced plans to cut up to 6,900 jobs over the next 18 months as it struggles to avoid bankruptcy. The airline is in the midst of a restructuring designed to cut $5bn (Â£2.
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The new owners of EMI Group said Tuesday that they plan to cut up to 2,000 jobs in a restructuring of the recorded music division
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LONDON The British Broadcasting Corporation has announced a major cost-cutting move, eliminating about 29-hundred jobs or more than a-tenth of its work force.
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Rolls Royce is planning to slash more than two thousand jobs worldwide, including many in the UK
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The BBC, the world's biggest public broadcaster, is to cut almost a quarter of its 28 000-strong workforce, in the biggest shake-up in its 82-year history, The Times newspaper in London said on Monday.
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EMI, the world's third-biggest music company, whose artists include The Beatles, said Tuesday it would slash 1,500-2,000 jobs worldwide following its takeover by a British private equity firm.
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P&amp;O says it will cut up to 1,200 jobs and slash services as part of a review to reduce costs at its loss-making ferries business.