Current:Home > reviewsCanada’s public broadcaster to cut 600 jobs as it struggles with budget pressures -TradeGrid
Canada’s public broadcaster to cut 600 jobs as it struggles with budget pressures
Fastexy Exchange View
Date:2025-04-07 01:16:21
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! (563)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- U.S. Biathlon orders audit of athlete welfare and safety following AP report on sexual harassment
- Eagles will host NFL’s first regular-season game in Brazil on Friday, Sept. 6
- Who might Trump pick to be vice president? Here are 6 possibilities
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Maine must release voter rolls to conservative group, court says
- Tennessee governor pitches school voucher expansion as state revenues stagnate
- Ship targeted in suspected Yemen Houthi rebel drone attack in southern Red Sea as tensions high
- Buckingham Palace staff under investigation for 'bar brawl'
- What’s in the bipartisan Senate package to aid Ukraine, secure U.S. border
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Bills go to Noem to criminalize AI-generated child sexual abuse images, xylazine in South Dakota
- Less rain forecast but historic Southern California storm still threatens flooding and landslides
- Shortstop Bobby Witt Jr. agrees to massive $288.8M contract extension with Royals
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Normally at a crawl, the Los Angeles River threatens to overflow during torrential rains
- Singer Toby Keith Dead at 62 After Cancer Battle
- Why Zendaya, Timothée Chalamet and Austin Butler Say Filming Dune 2 Felt Like First Day of School
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Super Bowl overtime rules: What to know if NFL's biggest game has tie after regulation
'Vanderpump' star Ariana Madix sees 'Chicago' musical break record after Broadway debut
Democrats are defending their majority in the Pennsylvania House for 4th time in a year
Most popular books of the week: See what topped USA TODAY's bestselling books list
Heidi Klum Reveals One Benefit of 16-Year Age Gap With Husband Tom Kaulitz
Horoscopes Today, February 5, 2024
Who might Trump pick to be vice president? Here are 6 possibilities