The Canadian Broadcasting Corp. is to cut 130 jobs as part of a "resizing" of the country's public broadcaster amid the global pandemic.
The CBC said a number of positions will be eliminated through "attrition, collapsed vacancies and retirement," but that around 40 jobs, mostly based in Toronto, would be cut.
The cost cutting will fall on unionized members associated with the Canadian Media Guild and the Association of Professionals and Supervisors union.
CBC vp of English services Barb Williams in an internal email obtained by THR explained the job cuts were the result of falling advertising and subscription revenues, made worse by the COVID-19 crisis. "Every year, our costs go up as revenue generation in traditional media goes in the.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.