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...email to staff, BBC Director-General Mark Thompson said the job cuts - part of a six-year reform plan to cover a $4.8 billion funding shortfall - would be achieved primarily by integrating existing programming. Currently, separate journalists and producers from various radio and television stations often cover the same topic. BBC employees will soon be required to work across all media to help reduce this duplication. The BBC will close 2,500 job posts in the next six years while creating 700 posts, resulting in a net loss of 1,800 staff...

Author: /time Magazine | Title: Beleaguered BBC Slashes Jobs | 10/18/2007 | See Source »

...Defending the cuts, Thompson said they were necessary to prevent the BBC from "drifting steadily into irrelevance". Thompson said the BBC also plans to sell its Television Center in west London, which has been the production hub of the 85-year-old pillar of British society since the 1960s. It will also begin accepting advertising on its hugely popular website, bbc.com...

Author: /time Magazine | Title: Beleaguered BBC Slashes Jobs | 10/18/2007 | See Source »

...BBC receives public subsidy from viewers and Thompson said it could not fund the change to digital, anticipated to cost $5.7 billion, on public funding alone. Earlier this year the British government forced the BBC to accept less money in viewer fees than the BBC asked...

Author: /time Magazine | Title: Beleaguered BBC Slashes Jobs | 10/18/2007 | See Source »

...BBC now faces the prospect of strike action amid claims by the broadcasting union BECTU and the National Union of Journalists that the overhaul will threaten the quality of public broadcasting in Britain. A move to outsource 6,000 jobs in 2005 was met with a one-day stoppage that blacked out several BBC stations...

Author: /time Magazine | Title: Beleaguered BBC Slashes Jobs | 10/18/2007 | See Source »

...executive chairman, Michael Grade, a former chairman of the BBC, said: "I've never been involved in anything as grisly as this or anything that's damaged broadcasting as much as this...

Author: /time Magazine | Title: Beleaguered BBC Slashes Jobs | 10/18/2007 | See Source »

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