JournalismPakistan.com July 02, 2015
ISLAMABAD: The British Broadcasting Corporation (BBC) is all set to cut around 1,000 jobs because of a £150m budget gap in its license fee income.
An unexpected increase in the number of households saying they do not watch live TV so do not pay for a license has been blamed for the shortfall, the BBC reported on its website.
“Many cuts are to come from professional and support areas, while management structures will be streamlined,” it said.
BBC Director General Tony Hall said the job cuts would help save around £50m a year so more cuts will come.
“Despite the progress already made, and the realities of the license fee being frozen for seven years, a new financial challenge means additional savings must now be found,” he said.
The Nation, February 16, 2017
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