Tough Love at the Mother Corp.
Torontoist has been acquired by Daily Hive Toronto - Your City. Now. Click here to learn more.

Torontoist

3 Comments

news

Tough Love at the Mother Corp.

The CBC is just wrapping up a town hall meeting for its staff, held so that the corporation’s president, Hubert Lacroix, could outline the plan for tackling a major funding shortfall. The key announcement: eight hundred jobs need to be cut, to be divided more or less equally between the English and French services, with seventy of the positions coming from the corporate side. The majority of the cuts will be in television, and radio will stay commercial-free. Asset sales are also planned, though they will not be enough to rescue any of the jobs slated for elimination.

Comments