BBC overhaul sees 3,000 jobs axed
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ELEANOR HALL: To Britain now, where the world&#39;s largest public broadcaster, the BBC, is about to undergo what its Director-General is calling a &quot;transformation&quot;.
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LONDON, Dec. 7 -- The BBC, the world's largest public broadcasting company, announced plans Tuesday for some of the biggest budget cuts in its 82-year history, slashing at least 10 percent of its staff and more than $620 million in annual spending.
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The BBC has announced it is cutting 6,000 jobs, primarily from the British broadcaster&#39;s news and production staffs, by year-end.
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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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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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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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BBC Radio 1's chart show presenter Wes Butters is to leave the station as part of a shake-up of its schedules.
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Cable & Wireless, the UK telecoms firm that is cutting 3,000 jobs over five years, plans to boost the pay of top bosses.
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Media & professional: The BBC has been cleared of 'systematic bias against business' but its coverage has been criticised for 'lapses'.
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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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Bank of America Corp. said yesterday it will slash 3,000 jobs from its workforce of nearly 200,000 and move its top Boston executive to New York to take over the company's troubled investment banking unit.
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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.
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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 company announced the firings on Thursday along with a restructuring plan that included layoffs of about 3,500 employees.
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Britain's public broadcaster, the BBC, announced one of the biggest shake-ups in its 82-year history Tuesday, with plans to axe at least 2,900 jobs, or 10 percent of its workforce, and trim &#36;624 million in costs.
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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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The announcement angered many employees, who are threatening to strike, but the British Broadcasting Corporation said the cutbacks were necessary.