BBC to lay off 500 employees by end of March 2026

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The BBC will lay off 500 employees by the end of March 2026, after reducing its staff by 10% over the past five years (about 2,000), the group announced Tuesday, according to AFP.

And showed BBC Annual Report A 500,000-drop in licence fee payers: “By the end of March 2026, we expect to see 500 job cuts,” the BBC said in a statement on the occasion of publishing its annual report. At the end of the 2023-24 financial year, there were 23.9 million TV licences in force, down 500,000 from 24.4 million at the end of 2022-23. In addition to the annual savings plan of £500 million (€594 million) announced two years ago, the BBC is implementing an additional plan to cut spending of up to £200 million (€237 million), announced last March.

Female vs Male Salaries

The BBC’s annual report revealed that the company’s gender pay gap has increased for the third year in a row, reaching its highest level since 2017. According to the latest annual report, the difference between the average hourly pay of men and women across all company employees as of March 31, 2024, was 7.9%, up from 7.3%.a year ago.

The BBC, a major institution in the British broadcast media landscape, has come under fire, particularly from the Conservatives, who lost to Labour in the general election on July 4. Like other traditional media outlets, the BBC is losing young audiences to platforms and social networks, and questions are growing about how it is funded.

The BBC faces accusations of favouritism towards the British government, as it has been accused by opposition parties that BBC executives are bowing to pressure from the Prime Minister and ministers over criticism. the government.

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