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culture

CBC Announces Major Job Cuts

The corporation will be eliminating 657 positions over the next two years.

Today, the CBC announced it would be cutting 657 full-time positions over the next two years in order to chop its 2014–15 budget by $130 million.

It gave various reasons for the move: a soft ad market, lower-than-expected ad revenues from some CBC programs, and, perhaps most importantly, the loss of exclusive NHL coverage thanks to a $5.2-billion bid from Rogers Communications. CBC’s president and CEO Hubert Lacroix says the CBC will to have to “re-imagine itself” in today’s changing media environment to stay afloat.

Although the corporation will no longer compete for any private sports coverage, it will still air NHL games on Saturday nights and during playoff season—and it is still committed to covering national events like the Olympics.

This fiscal year, 573 of the 657 positions will be cut.

Comments

  • Jacob

    Looks like Harper’s having one last kick at the CBC before he’s gone.

    • vampchick21

      What did Red Green ever do to him? :)

  • Steveinto

    Will Harper and gaggle of neo-cons get there wish and kill CBC. Then they can have fully biased media leaving them to do what they want with no checks.
    Sad outcome for democracy.

    • wklis

      Don Cherry?

      • Squintz

        Rogers owns him now.