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article imageBBC to cut 2,000 jobs, by 2016 will be 'significantly smaller'

By Leigh Goessl     Oct 6, 2011 in Business
In the broadcast presented this morning by Mark Thompson and BBC Trust chairman Lord Patten, it was announced that 2,000 jobs would be cut from BBC.
The long term vision of the company is to create a "smaller and radically reshaped BBC" which will save itself approximately 670 million pounds ($1.05 billion).
The 2,000 job cuts will not happen all at once, but rather on an ongoing basis over the next five years. There are a total of 17,500 jobs in the public workforce, and 2,000 jobs lost is very significant. [url= According to Ariel, BBC, the Delivering Quality First (DQF) report said, "By 2016 the BBC will be significantly smaller than it is today; employing fewer people, occupying less space, and spending less money."
Reuters reported the BBC will need to save at least 16 percent annually due to a license fee settlement which is in place for the next five years (BBC is funded by the British public through this license fee). The BBC cuts plan factors in at 19 percent to account for any potential inflation. It was said these cuts were needed in order to ensure there is a future for BBC.
Thompson said, "This is a plan for living within our means," adding, "It's also about making sure we don't accidentally cancel the future."
Included in the cuts will be senior management cuts, refocus of purpose for some divisions, and less money spent on "unpredictability allowances" and redundancy payments. As a part of the five-year plan, a number of staff will be shifted to other locations. Priority will be placed into delivery of content and will focus on "four screens", TV, tablets, mobiles and computers.
However, BBC News and the BBC World Service are not expected to see any big changes, according to The Guardian. Leadership hopes the two begin to work more collaboratively, especially since World Service experienced a severe cut back in January.
While not all details have been shared in depth, there is an outline of the various areas of BBC and how each will be affected. This pictorial can be found on the BBC News website.
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