The BBC is to cut more than 1,000 jobs, mainly by slashing layers of management and squeezing back office functions such as marketing and communications.
Tony Hall, director general of the BBC, addressed staff in London on Thursday and explained that the cuts are needed to make up for a funding shortfall of £150m in 2016-17 largely due to the faster-than-expected switch to online viewing.
Hall wrote: “A simpler, leaner BBC is the right thing to do and it can also help us meet the financial challenges we face.
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Source Credits: Jane Martinson in The Guardian