News
BBC News to bear deepest cuts amid 2,000 planned job losses
Staff warned news operations face 15% cut, above BBC-wide 10% target, as corporation pushes through £600m savings plan
The BBC’s news operation is to cut costs by a steeper-than-expected 15%, with staff told to expect heavy redundancies.
The division, home to about a quarter of all BBC staff, is being saddled with one of the highest cost-cutting targets as the corporation attempts to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years.
Related Knowledge Center: State of the business model
State of Play
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.