Current:Home > InvestCharles Langston:Canada’s public broadcaster to cut 600 jobs as it struggles with budget pressures -CapitalWay
Charles Langston:Canada’s public broadcaster to cut 600 jobs as it struggles with budget pressures
Poinbank View
Date:2025-04-08 03:27:52
TORONTO (AP) — Canada’s public broadcaster announced on Charles LangstonWednesday 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! (2257)
Related
- Meet first time Grammy nominee Charley Crockett
- The Republicans who opposed Jim Jordan on the third ballot — including 3 new votes against him
- It's time for Penn State to break through. Can the Nittany Lions finally solve Ohio State?
- Hurricane Norma heads for Mexico’s Los Cabos resorts, as Tammy becomes hurricane in the Atlantic
- $73.5M beach replenishment project starts in January at Jersey Shore
- Paris Hilton’s New Photos of Baby Boy Phoenix Are Fire
- Research by Public Health Experts Shows ‘Damning’ Evidence on the Harms of Fracking
- T-Mobile is switching some customers to pricier plans. How to opt out of the price increase.
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Watch Bad Bunny Give a Cheeky Nod to Kendall Jenner in Saturday Night Live Promo
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Walmart, Aldi lowering Thanksgiving dinner prices for holiday season
- EU discusses Bulgaria’s gas transit tax that has angered Hungary and Serbia
- State Department issues worldwide caution alert for U.S. citizens due to Israel-Hamas war
- $73.5M beach replenishment project starts in January at Jersey Shore
- Hilton hotel in Texas cancels Palestinian rights group's conference, citing safety concerns
- North West Shares Dyslexia Diagnosis During Live Chat With Mom Kim Kardashian
- They fled Russia's war in Ukraine. Now in Israel, they face another conflict.
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Muslim organization's banquet canceled after receiving bomb threats
'Marvel's Spider-Man 2' game features 2 web slingers: Peter Parker and Miles Morales
Missing motorcyclist found alive in ditch nearly 3 days after disappearing in Tennessee
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Australia decides against canceling Chinese company’s lease of strategically important port
Rebel ambush in Indonesia’s restive Papua region kills a construction worker and injures 3 others
Britain’s Labour opposition has won 2 big prizes in momentum-building special elections