BBC Announces 500 Job Cuts to Save £200 Million
The broadcaster aims to streamline operations and enhance digital services amid financial pressures and changing media consumption habits.
- BBC plans to reduce its workforce by 500 positions by March 2026.
- The move is part of a broader effort to save £200 million and focus on digital transformation.
- The broadcaster has already cut 2,000 jobs over the past five years.
- BBC's financial deficit is projected to nearly double to £492 million by 2025.
- Discussions with the government on long-term funding for public service broadcasting are ongoing.