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Thursday, June 26, 2014

{allcanada} CBC To Lay Off 20% Of Workforce By 2020

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The CBC will trim its staff by 20% in the next five years. The cuts will include sharp reductions during the next year as it segues to a mobile-first strategy aimed at cutting costs. The plan calls for cutting 1,000-1,500 job cuts by 2020, scaling back some local evening newscasts from 90 minutes to 30, and shifting more resources from TV and radio to web broadcasting. The Canadian pubcaster’s President and CEO, Hubert Lacroix, announced the layoffs Thursday during a heated town hall with employees in Toronto.

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