BBC to slash jobs in cost-cutting &#39;transformation&#39;
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The BBC said on Tuesday it would eliminate 2,900 jobs, or more than 10 per cent of its workforce, as part of a cost-saving &quot;transformation&quot; of the world&#39;s biggest and best-known public broadcaster.
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LOS ANGELES  In some of the harshest cutbacks in the public broadcaster&#39;s 89-year history, the BBC announced plans on Tuesday (Dec. 7) to cut roughly 10 percent of its workforce over the next three years.
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BBC boss Mark Thompson tells staff the corporation must save Â£320m a year and lose almost 3,000 jobs.
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British-based publishing and exhibitions group United Business Media Plc, which has been reducing its exposure to print in favor of online media, said it was cutting more than 200 jobs at its U.S.-based technology media business.
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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 -- The British Broadcasting Corp. announced Thursday it will cut 1,800 jobs, broadcast fewer programs and require staff to create content for television, radio and the Internet, creating a showdown with journalists and other employees.
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European planemaker Airbus is cutting 1,600 UK jobs over the next four year as it looks to reduce costs.
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Deutsche Telekom, which has already announced that it would eliminate 32,000 jobs, plans to cut even more, chief executive Rene Obermann said Monday in an interview.
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VNU Group BV, which owns Nielsen's television ratings service, said Monday it will cut 4,000 jobs, or around 10 percent of its work force, as part of a major reorganization.
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The BBC director-general unveiled &quot;painful&quot; plans to axe up to 5,000 jobs and sell off commercial ventures yesterday in a radical blueprint to direct an extra Â£320 million a year into improving programmes.
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Record label EMI, bought by private  equity firm Terra Firma last year, is set to announce on Monday  plans to cut as much as one third of its 6,000 staff, slash  marketing costs and drop artists as part of a restructuring,  the Wall Street Journal reported.
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BBC boss Mark Thompson is to announce  a shake-up on Tuesday which could lead to the loss of thousands of jobs.
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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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Traditional link between BBC and licence fee could be broken by reforms being considered by Ofcom
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Thousands of jobs will go as BBC boss Mark Thompson announces a radical shake-up of the corporation.
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BBC director-general Mark Thompson sought to reassure staff today over the scale of future job losses. Thousands more jobs are expected to go in addition to the 2,900 announced yesterday.
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London - The British Broadcasting Corporation, the world&#39;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.