Current:Home > ScamsCanada’s public broadcaster to cut 600 jobs as it struggles with budget pressures -FutureFinance
Canada’s public broadcaster to cut 600 jobs as it struggles with budget pressures
View
Date:2025-04-18 04:28:18
TORONTO (AP) — Canada’s public broadcaster announced on Wednesday that it will cut 600 jobs and reduce its English and French programming budgets as it struggles with monetary pressures.
The Canadian Broadcasting Corp. and Radio-Canada, the French-language version, said the bulk of the layoffs will come from its corporate divisions such as technology and infrastructure. It also identified 200 vacancies that will go unfilled as it contends with 125 million Canadian dollars ($92 million) in budget pressures.
Along with the job cuts, CBC will be reducing its English and French programming budgets, resulting in fewer renewals and acquisitions, fewer new television series, less episodes of existing shows and digital original series.
The federal government provides CBC with over 1.2 billion Canadian dollars ($890 billion) in funding per year, or about 71% of CBC’s/Radio Canada’s source of funds last year. It attributed the cuts to rising production costs, declining television advertising revenue and fierce competition from the tech digital giants.
At the end of March, CBC had some 6,500 permanent employees, about 2,000 temporary workers and roughly 760 contract staff.
The cuts come days after the federal Liberal government suggested it may cap the amount of money CBC and Radio-Canada could get under a 100 million Canadian dollars ($74 million) deal that Ottawa recently signed with Google.
Canada’s government said it reached a deal with Google last month for the company to contribute the 100 million Canadian dollars annually to the country’s news industry to comply with a new law requiring tech companies to pay publishers for their content.
veryGood! (8)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- 5 dead, including one child, after 2 private planes collide in northern Mexico
- Steelers' team plane forced to make emergency landing on way home from Las Vegas
- Ohio State moves up, Washington leads Pac-12 contingent in top 10 of NCAA Re-Rank 1-133
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- 3rd person arrested in fentanyl day care case, search continues for owner's husband
- Democratic Sen. Menendez says cash found in home was from his personal savings, not bribe proceeds
- 8 injured when JetBlue flight from Ecuador hits severe turbulence as it approaches Fort Lauderdale
- Former Syrian official arrested in California who oversaw prison charged with torture
- Investigators: Plane went into stall during maneuvers before Philadelphia-area crash that killed 2
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Column: Ryder Cup is in America’s head. But it’s in Europe’s blood
- 'Sweet' Texas grocery store worker killed when gun went off while trying to pet dog
- Hollywood screenwriters and studios reach tentative agreement to end prolonged strike
- 2025 'Doomsday Clock': This is how close we are to self
- Former President Jimmy Carter attends Georgia peanut festival ahead of his 99th birthday
- Kim Kardashian rocks a grown-out buzzcut, ultra-thin '90s brows in new photoshoot: See the photos
- At least 360 Georgia prison guards have been arrested for contraband since 2018, newspaper finds
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Turks and Caicos Islands judge delivers mixed verdict in high-profile government corruption case
Sophie Turner, Joe Jonas reach temporary agreement over children amid lawsuit, divorce
Lecturers and staff at some UK universities stage a fresh round of strikes at the start of new term
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Cricket at the Asian Games reminds of what’s surely coming to the Olympics
District attorney drops case against Nate Diaz for New Orleans street fight
Flesh-eating bacteria infections are on the rise in the U.S. − here's how one expert says you can protect yourself