CBC to cut 657 jobs over two years

Officials say the cuts are needed to make up for a budget shortfall of $130 million

The CBC is slashing 657 positions over two years to cope with a massive budget shortfall.

CBC News says cuts to its budget amount to $130 million.

CBC president Hubert Lacroix is outlining details for staff at a town hall meeting today.

The belt-tightening includes less sports coverage _ the network says it will no longer pursue the rights to broadcast professional sports, saying it cannot compete with private rivals that have specialty channels and multiple media platforms.

The CBC recently lost the rights to broadcast ``Hockey Night in Canada'' to Rogers Media.

The broadcaster is also grappling with a softened ad market and a loss of $115 million in federal government funding that was announced in the 2012 federal budget.

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  1. Frankie posted on 04/10/2014 02:06 PM
    If the CBC slashed an additional 3000 jobs to the 657 they'd still be overstaffed. There should be a guideline requiring them to follow the private sector numbers. Eg. they send 6 people to cover something that 1 reporter from private sector covers. Typical bloated management & workers on the public purse.
  2. ToddK_2 posted on 04/10/2014 03:24 PM
    They should open their books up to the public; don't think the fat cats with the big salaries will lose their jobs, only staffers.

    Can you imagine what the elaborate spending they do? I'm betting it will make the City Hall retirement parties look like a $1.39 Value menu at McDonalds.
  3. AC posted on 04/10/2014 08:13 PM
    I'm disappointed and I hope it doesn't effect some of the very informative and educational programming that I enjoy. from the passionate eye, w5, Canadian heritage. I enjoy CBC news. sad they had to loose hockey. Foremost I'm disappointed that people just like any of us lost their job. I hope in the future under new government they will see the benefit of some of this very good programming and with a better market place in advertising it will grow.
    We all benefit from educational and informative balanced programming
  4. Alice T. posted on 04/10/2014 09:25 PM
    What on earth do you mean a better market place in advertising? What century do you live in? Have you ever heard of tivo? streaming and binge watching? Not to mention specialty channels?

    CBC TV. will not exist soon ,as we know it, Thank heavens.
  5. don was right posted on 04/10/2014 09:27 PM
    675 people at $130 million is about $200,000 per person per year. WTF? Let the union take a 50% pay cut and they would STILL be overpaid for what they do. And then get rid of the sunshine list lard a**es at TVO as well.
  6. arthur posted on 04/11/2014 09:28 AM
    this federal government has no problem pissing away 280 mil of our money to give to unelected ultra nationalist in Ukraine but supporting Canadian national broadcasting and jobs or services to vets no that has to be cut back
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