Annual report: BBC plans to cut 500 jobs in the next two years
The BBC will cut 500 jobs in the next two years, according to the annual report of the public-service broadcaster in the UK. The savings from the job cuts are expected to amount to 200 million pounds (approximately 238 million Euro), which will be invested in expanding the Premium Video Offering and digital capacities, as announced by the operational business director Leigh Tavaziva to the Press Association. The reductions are planned to be completed by March 2026, and there will reportedly be severance offers.
The BBC has been under cost-cutting measures for some time. Two years ago, savings of 500 million pounds were announced. The previous conservative government refused to allow a Beitrag increase for the BBC despite high inflation rates.
Under the former conservative Prime Minister Boris Johnson, the BBC was frequently targeted by media attacks from government circles. Johnson publicly speculated about reducing the esteemed broadcaster to a streaming subscription-based offering.
With its annual report, the BBC also published the top salaries of its presenters and reporters. At the top of the salary list, as in previous years, is the former football professional and sports presenter Gary Lineker, with an annual salary of approximately 1.3 million pounds (around 1.5 million Euro).
- The BBC's Annual Report mentioned plans to utilize the savings from the 500 job cuts, amounting to 200 million pounds, to enhance their Premium Video Offering and digital capacities, as suggested by Leigh Tavaziva.
- Despite the BBC's savings of 500 million pounds from previous cost-cutting measures two years ago, the conservative government refused to increase the Beitrag, leading to financial strain.
- The BBC, aiming to provide employment opportunities, may place individuals in new roles as part of its ongoing efforts to reduce its workforce by 500 jobs over the next two years.