Current:Home > ContactCanada’s public broadcaster to cut 600 jobs as it struggles with budget pressures -ProsperityStream Academy
Canada’s public broadcaster to cut 600 jobs as it struggles with budget pressures
View
Date:2025-04-24 20:29:31
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! (43)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Arkansas woman pleads guilty to bomb threat against Gov. Sarah Huckabee Sanders
- Meet the Hunter RMV Sherpa X-Line, the 'affordable' off-road RV camper
- Emma Navarro reaches her first major semifinal, beats Paula Badosa at the US Open
- A South Texas lawmaker’s 15
- Food inflation: As grocery prices continue to soar, see which states, cities have it worse
- North Carolina court reverses contempt charge against potential juror who wouldn’t wear mask
- Suburban Chicago police investigate L train shooting that left 4 sleeping passengers dead
- Meta releases AI model to enhance Metaverse experience
- Florida State coach Mike Norvell addresses 'failure' of stunning 0-2 start
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Human remains found in Indiana in 1993 are identified as a South Carolina native
- Scottie Scheffler has a strong mind that will be put to the test as expectations rise: Analysis
- Police say 4 people fatally shot on Chicago-area subway train
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Alabama man charged with murder in gas station shooting deaths of 3 near Birmingham
- Suspect in custody after series of shootings left multiple people injured along I-5 near Seattle
- James Darren, ‘Gidget’ teen idol, singer and director, dies at 88
Recommendation
Meet first time Grammy nominee Charley Crockett
Princess Märtha Louise of Norway Marries Shaman Durek Verrett in Lavish Wedding
Man found frozen in cave along Appalachian Trail identified after nearly 50 years
'One Tree Hill' reboot in development at Netflix with Sophia Bush, Hilarie Burton set to return
The Grammy nominee you need to hear: Esperanza Spalding
Meet the Hunter RMV Sherpa X-Line, the 'affordable' off-road RV camper
Labor Day shooting on Chicago suburban train kills 4, police say
Mexico finds the devil is in the details with laws against gender-based attacks on women politicians