The austerity axe chopped deep into the CBC's budget Wednesday, and will result in "a very different public broadcaster," CBC president Hubert Lacroix said.
Viewers can expect less original programming, more reruns and - for the first time - ads on CBC radio as the broadcaster copes with a $115-million cut in federal funding. The agency will also sell buildings, tinker with employee pensions and cut 650 jobs in the coming three years as it adjusts to a smaller budget.
"It's not a fun day," Lacroix said. Across Canada, 650 full-time CBC jobs will be eliminated. This includes 475 this fiscal year, a further 150 jobs in 2013-2014 and the rest in 2014-2015. Those 650 jobs - split equally between French and English services - amounts to about nine per cent of the Canadian Broadcasting Corp.'s total workforce. That includes 150 management jobs.
10 April 2012
Cuts will mean a 'very different public broadcaster': CBC boss
Cuts will mean a 'very different public broadcaster': CBC boss
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