BBC to cut 2,000 jobs in major round of cuts
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BBC interim boss Rhodri Talfan Davies "incredibly frustrated" after news of 2,000 layoffs was leaked to media before being communicated to staff.
The job cuts will be the biggest round of redundancies at the broadcasting corporation in almost 15 years, ITV News and The Press Association (PA) news agency reported. In 2011, the BBC announced it would cut 2,000 jobs over the next five years and relocate some staff away from London.
The BBC plans to cut 2,000 jobs, reducing its budget by 10% over two years, totaling £500 million. Rising inflation and declining income are reportedly key factors driving these layoffs.
BBC plans up to 2000 job cuts to save 10 percent of its budget, amid financial pressures, leadership changes and a 10 billion dollar lawsuit from Donald Trump