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Canada | Budget | CBC to cut 650 jobs over three years

CBC/Radio-Canada will eliminate hundreds of jobs, cancel some programs and boost ads as part of cost-cutting measures to cope with planned budget cuts outlined in the recent federal budget, the public broadcaster announced Wednesday.

We’ve made “gut-wrenching choices,” CBC president and CEO Hubert T. Lacroix said during a townhall meeting for CBC employees.

Lacroix said the Corporation expects to eliminate 650 jobs over three years, including 475 this fiscal year. He said 60 per cent of the budget goes toward salary and that it would be impossible to take a hit of this magnitude and not affect jobs. Nearly 10,000 people are currently employed full time at the CBC…

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Read More @ CBC to cut jobs, programs over next 3 years – Canada – CBC News.

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