The BBC has announced plans to layoff 450 employees in its news division, with a number of flagship shows and services being scaled back in a bid to save £80M ($104M) by March 2022.
Announcing the decision on Wednesday, the BBC said it wanted to “reduce duplication” across its output while making major savings, with an estimated 450 job losses expected.
Director of News & Current Affairs Fran Unsworth said: “Never in my career have I felt this organization is quite under the threat that it currently is. There are many that believe that how we are funded is no longer appropriate when consumers seem to prefer to pay just for what they use.”
Head of Internal Comms jst said to us all, ‘enjoy and relax’ https://t.co/sIs2msVXyY
— Victoria Derbyshire (@vicderbyshire) January 29, 2020
Unsworth noted that audiences are turning to online news sources, rather than traditional platforms like TV and radio. “We need to create a modern newsroom that is built for the future and not for the past,” she stressed.
Under the plans, the BBC is going to pool its resources so journalists serve different programs and platforms, including TV, radio and online. The BBC said this was part of an effort to “reduce duplication,” but added that it will result in a reduction in the number of stories the corporation pursues.