BBC takes the axe to 10% of jobs
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The British Broadcasting Corporation will slash about 2,900 jobs, more than 10 per cent of its staff, in one of the biggest shake-ups in its 82 year history.
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The head of the British Broadcasting Corp. announced budget cuts Thursday that will lead to a net loss of 1,800 jobs.
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Britain's public broadcaster the BBC  announced plans on Thursday to cut 1,800 jobs and integrate its  TV, radio and Internet news operations to confront the  digital-age shift away from traditional media.
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The BBC has announced it is cutting 6,000 jobs, primarily from the British broadcaster&#39;s news and production staffs, by year-end.
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The BBC has today completed the sell-off of its technology arm to German IT firm Siemens as part of a Â£1.9bn 10-year outsourcing deal - as exclusively revealed on silicon.
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LONDON, DECEMBER 7 : The British Broadcasting Corporation (BBC) Britainâs venerable public broadcaster, plans one of the biggest shake-ups in its 82-year history by axing at least 10 per cent of its jobs and trimming 320 million pounds in costs, company
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BBC boss Mark Thompson is to announce  a shake-up on Tuesday which could lead to the loss of thousands of jobs.
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The British news giant continues to shift jobs to India.
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BBC employees were waiting on Thursday to learn how many jobs will be lost under plans to streamline the corporation.
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European jet maker Airbus revealed plans on Wednesday to axe 10,000 jobs, nearly a fifth of its workforce, as part of a radical cost-cutting scheme to lift the company out of a financial crisis.Comment
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Thousands of jobs will go as BBC boss Mark Thompson announces a radical shake-up of the corporation.
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LONDON - The British Broadcasting Corp. will cut nearly 3,000 jobs in a drive to reduce costs, the company reported Tuesday. Most of the cuts will be in administrative departments, and some operations will
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BBC boss Mark Thompson says the corporation must keep up with change, after announcing nearly 3,000 job cuts.
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BBC staff are bracing themselves for possible mass redundancies as a radical restructuring plan is due to be announced by the corporation.
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London - The British Broadcasting Corporation, the world&#39;s biggest public broadcaster, is to cut almost a quarter of its 28 000-strong workforce, in the biggest shake-up in its 82-year history, The Times newspaper in London said on Monday.
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FBR Capital Markets, the Arlington investment bank, said yesterday it would lay off 10 percent of its workforce "in response to adverse market conditions."
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LONDON -- The British Broadcasting Corp. announced Thursday it will cut 1,800 jobs, broadcast fewer programs and require staff to create content for television, radio and the Internet, creating a showdown with journalists and other employees.