The China Mail - BBC eyes compulsory redundancies in cost-cutting drive

USD -
AED 3.67295
AFN 65.551421
ALL 81.18496
AMD 365.910292
AOA 917.000139
ARS 1492.402971
AUD 1.41594
AWG 1.8
AZN 1.732138
BAM 1.695366
BBD 2.013843
BDT 123.135735
BHD 0.37705
BIF 2990.5
BMD 1
BND 1.279359
BOB 11.793465
BRL 5.191975
BSD 0.9999
BTN 95.268311
BWP 13.46018
BYN 2.986239
BYR 19600
BZD 2.011
CAD 1.394125
CDF 2275.00005
CHF 0.813302
CLF 0.023239
CLP 914.619982
CNY 6.74385
CNH 6.745755
COP 3148.92
CRC 454.22433
CUC 1
CUP 26.5
CVE 95.999853
CZK 21.026947
DJF 177.720024
DKK 6.48672
DOP 58.380219
DZD 132.885825
EGP 50.216605
ERN 15
ETB 159.975026
EUR 0.86774
FJD 2.233198
FKP 0.740048
GBP 0.74105
GEL 2.609808
GGP 0.740048
GHS 11.40389
GIP 0.740048
GMD 74.000094
GNF 8777.493911
GTQ 7.628996
GYD 209.231063
HKD 7.84686
HNL 26.875047
HRK 6.537496
HTG 130.787734
HUF 315.984031
IDR 17859
ILS 2.9791
IMP 0.740048
INR 95.34365
IQD 1310.5
IRR 1374624.999886
ISK 123.209803
JEP 0.740048
JMD 158.295084
JOD 0.708977
JPY 159.422981
KES 129.250272
KGS 87.449705
KHR 4055.999947
KMF 428.000283
KRW 1417.270271
KWD 0.30916
KYD 0.833286
KZT 465.567234
LAK 22552.558187
LBP 89683.569293
LKR 334.236292
LRD 181.62497
LSL 16.159983
LTL 2.952741
LVL 0.60489
LYD 6.364985
MAD 9.306495
MDL 17.333189
MGA 4307.509472
MKD 53.336685
MMK 2099.936813
MNT 3596.665371
MOP 8.081969
MRU 40.109774
MUR 47.069617
MVR 15.460212
MWK 1736.999954
MXN 17.054983
MYR 4.085501
MZN 63.905413
NAD 16.159847
NGN 1363.469878
NIO 36.797691
NOK 9.498102
NPR 152.426482
NZD 1.706575
OMR 0.384668
PAB 0.999909
PEN 3.359498
PGK 4.405005
PHP 61.244976
PKR 277.791011
PLN 3.73605
PYG 5966.513668
QAR 3.64575
RON 4.542497
RSD 101.88203
RUB 82.889419
RWF 1468
SAR 3.748756
SBD 8.064941
SCR 13.922777
SDG 600.500451
SEK 9.580097
SGD 1.280502
SLE 24.550142
SOS 571.504833
SRD 37.669798
STD 20697.981008
STN 21.5
SVC 8.749095
SZL 16.150178
THB 33.110057
TJS 9.249093
TMT 3.5
TND 2.936991
TRY 47.757085
TTD 6.781351
TWD 32.2328
TZS 2649.493026
UAH 44.67795
UGX 3709.209745
UYU 40.247745
UZS 11957.999919
VES 765.401052
VND 26049.5
VUV 118.442804
WST 2.72999
XAF 568.605049
XAG 0.015308
XAU 0.000227
XCD 2.70255
XCG 1.802074
XDR 0.706905
XOF 567.999764
XPF 103.874977
YER 237.149852
ZAR 16.12757
ZMK 9001.20327
ZMW 18.8184
ZWL 321.999592
  • RBGPF

    2.2800

    72.16

    +3.16%

  • RYCEF

    -0.0200

    20.55

    -0.1%

  • BCC

    -1.2800

    84.25

    -1.52%

  • CMSC

    0.0100

    21.45

    +0.05%

  • RIO

    0.2300

    101.22

    +0.23%

  • JRI

    -0.0200

    12.71

    -0.16%

  • BCE

    -0.2400

    23.13

    -1.04%

  • NGG

    0.4100

    80.68

    +0.51%

  • VOD

    0.1900

    16.09

    +1.18%

  • GSK

    -0.6000

    50.3

    -1.19%

  • RELX

    -0.8200

    34.55

    -2.37%

  • AZN

    -0.2500

    158.5

    -0.16%

  • CMSD

    -0.0400

    21.59

    -0.19%

  • BTI

    -0.9700

    55.84

    -1.74%

  • BP

    -0.2300

    42.93

    -0.54%

BBC eyes compulsory redundancies in cost-cutting drive
BBC eyes compulsory redundancies in cost-cutting drive / Photo: © AFP

BBC eyes compulsory redundancies in cost-cutting drive

The BBC will axe some programming and may impose compulsory redundancies to deliver hundreds of millions of pounds of previously announced savings, its new Director-General Matt Brittin told staff Wednesday.

Text size:

The former Google executive, who took the helm at the British Broadcasting Corporation a month ago, said the scale of the planned savings "requires tough choices, careful work and won't all be ready at once".

The broadcaster revealed earlier this year it planned to save £500 million from its roughly £5 billion annual budget over the next three years by cutting up to 2,000 jobs, in its biggest round of redundancies since 2011.

It comes amid severe cost pressures after income from a licence fee used to fund the corporation in large part fell by around a quarter in real terms since 2017.

The broadcaster -- which claims 94 percent of UK adults use its services monthly -- has also been plagued by a series of controversies and scandals in recent years that have rocked public confidence in it.

In his internal memo to staff, Brittin said all divisions within the BBC's sprawling operations "will be making significant savings".

He noted its news, nations and content units would axe around 550 roles to deliver £160 million of savings by the end of this financial year.

Around 700 roles will go in corporate divisions, with senior leadership roles reduced by at least 10 percent, he added.

"Reductions of this scale inevitably mean some compulsory redundancies, though we will work hard to avoid this wherever we can," Brittin said, noting a growing number of voluntary redundancy windows were opening.

"We will also have to close some programmes," he added, saying "output with the highest audience value and impact" would be prioritised as the BBC strives to be "simpler and faster".

Laura Davison, National Union of Journalists (NUJ) general secretary, urged it to change course, calling the planned cuts "devastating".

"This is not the time for the BBC to retreat from its public service commitments and its core mission to inform, educate, and entertain," she said.

Y.Parker--ThChM