BBC to slash 600 jobs in next 2 years

Standard

The state-run British Broadcasting Corporation (BBC) is to slash up to 600 jobs within the next two years as part of its latest phase of cost-saving programs.According to a report published by Forbes magazine on Tuesday, the BBC plans to announce between 475 and 500 job cuts at its news section and an additional 75 to 85 at its UK radio services.The layoffs will result in about 6 percent of the corporation’s news force exiting over the coming two years. The job cuts form part of the BBC’s so-called Delivering Quality First (DQF) cuts program, which aims to save around £800million per year by 2016.James Harding, the BBC’s director of news and current affairs, had already warned that the corporation is only half way through its cost-cutting drive, which was launched in 2011.

For full report: http://www.presstv.in/detail/2014/06/04/365488/bbc-to-slash-600-jobs-in-next-2-years/#sthash.004v5fZd.dpuf

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