Canada’s CBC Fires 240 People in Local News Amid Funding CutsGerrit De Vynck
Canada’s public broadcaster is firing more than 240 workers amid competition from the Internet.
The Canadian Broadcasting Corporation, which provides news and entertainment on its TV and radio stations across the country, will cut more than 140 local news jobs in its English-language service and 100 in its French-language service, its news website reported.
The broadcaster announced in June it would reduce its ranks by as many as 1,500 employees by 2020 because of decreased government funding and advertising revenue.
Traditional Canadian media organizations haven’t been immune to the global shift to digital as advertisers and readers move online. Earlier this week, Postmedia Network Canada Corp. got regulatory approval to buy Sun Media Corp. from Quebecor Inc., consolidating nearly all of the country’s daily newspapers into one company.
CBC reported the broadcaster will hire 80 new employees to create content for the Internet and mobile devices.
Canada’s Sun News Shutting Down After Failing to Find Buyer (1) Former CBC Host Ghomeshi Charged With Four Counts of Assault (1)