CBC/Radio-Canada to Cut 600 Jobs Amid Budget Pressures
The cuts, aimed at managing a forecasted $125 million budget shortfall, will result in fewer new TV series and episodes, and a decrease in program acquisitions.
- The Canadian Broadcasting Corporation (CBC)/Radio-Canada announced it will cut around 600 jobs and reduce its programming budgets due to budget pressures.
- The cuts are expected to help manage a forecasted $125 million budget shortfall for the 2024-25 fiscal year.
- The reductions will result in fewer new TV series and episodes of existing shows, as well as a decrease in program acquisitions and independent production commissions.
- The cuts come after the federal government suggested it may cap the amount of money CBC and Radio-Canada could get under a $74 million deal that Ottawa recently signed with Google.
- The Canada Media Guild (CMG), which represents CBC/Radio-Canada staff, has expressed shock and frustration at the extent of the cuts.