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BBC To Axe 450 Jobs In Latest Round Of Cost-Cutting

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deadline.com

Jake Kanter International TV EditorThe BBC has announced that it is planning to make 450 people redundant across its workforce in the English regions as part of its latest round of cost-cutting.The BBC needs to save £925M ($1.2B) by March 2022 as it grapples with the financial constraints of a licence fee deal it struck in 2015 and a drop in income due to the coronavirus pandemic.The 450 redundancies are part of BBC England’s £25M contribution to this overall target and represent 15% of its 3,000-strong workforce.

Employees were informed on Thursday morning and will impact those working in TV, radio and online.As part of the changes, regional affairs show Inside Out has been axed in favor of a weekly investigative journalism program,.

Read more on deadline.com
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