BBC Says It Will Cut 2,900 Jobs Over 3 Years
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Maneuvering to safeguard its future and reputation in the digital era, the BBC, Britain&#39;s public broadcaster, announced Tuesday some of the deepest job cuts in its 82-year history
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The record label EMI is planning to cut as many as 2,000 jobs as part of a restructuring strategy.
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LONDON, DECEMBER 7 : The British Broadcasting Corporation (BBC) Britainâs venerable public broadcaster, plans one of the biggest shake-ups in its 82-year history by axing at least 10 per cent of its jobs and trimming 320 million pounds in costs, company
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The BBC announced approximately 1,800 job cuts over the next six years in a statement released by the broadcaster Thursday.
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About 360 British jobs are axed by a Swiss agrochemical firm as part of a worldwide cost-cutting move.
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The BBC, the world&#39;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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TUI, the German travel company owner of Thomson Holidays, says it plans to cut 2,600 jobs in the UK.
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The BBC's plans for the next six years affect programming and jobs, with more repeats and 1,800 redundancies.
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The British Broadcasting Corp. will cut about 2,900 jobs - more than a tenth of its work force - in a drive to reduce costs, the company&#39;s director-general told staff on Tuesday.
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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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The telecommunications firm Cable &amp; Wireless today said it would cut another 600 jobs and return Â£250m to investors as it reaches the halfway mark in a three-year recovery plan.
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The record label EMI is reported to be planning to cut as many as 2,000 jobs as part of a restructuring plan.
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The record label EMI is planning to cut as many as 2,000 jobs worldwide as part of a restructuring plan.
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ABC News said Friday that it will cut 35 jobs over the next two years as part of a companywide restructuring that will move more resources into digital news.
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BBC boss Mark Thompson says the corporation must keep up with change, after announcing nearly 3,000 job cuts.
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The British Broadcasting Corporation is cutting nearly 3,000 jobs in a drive to reduce costs. Mark Thompson, director-general of the BBC, told staff members Tuesday that 2,500 jobs
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LONDON (CBS.MW) -- The state-funded British Broadcasting Corp. said Tuesday it would eliminate close to 2,900 jobs, mainly in administration, hoping to achieve annual savings of 320 million pounds ($624 million) within three years.