News

CBC announces layoffs

The CBC has announced its 2009-2010 business plan, which includes laying off up to 800 positions. According to www.cbc.ca, the Canadian public broadcaster is projecting a reduction of 393 positions in its English services, including radio, TV and new media platforms, 336 layoffs in French services and 70 jobs at the corporate level. CBC president and CEO Hubert Lacroix, in an address to staff, also revealed that the broadcaster plans to raise $125 million from the selling of assets to compensate for the shortfall in operating costs, caused by factors like declining ad revenue.
March 25, 2009

The CBC has announced its 2009-2010 business plan, which includes laying off up to 800 positions. According to www.cbc.ca, the Canadian public broadcaster is projecting a reduction of 393 positions in its English services, including radio, TV and new media platforms, 336 layoffs in French services and 70 jobs at the corporate level. CBC president and CEO Hubert Lacroix, in an address to staff, also revealed that the broadcaster plans to raise $125 million from the selling of assets to compensate for the shortfall in operating costs, caused by factors like declining ad revenue.

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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