BBC News to cut 400 jobs in austerity drive

Posted on 18th Jul 2014 | 1036 views

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BBC News to cut 400 jobs in austerity drive

World's largest public broadcaster, The BBC is going to cut 415 jobs from its news department. These savings are routed to pay the license fee and these cuttings will save 48 million a year and next two years it is expecting to save 800 million which started from 2010. BBC News currently employs around 8,400 people, including some 5,000 journalists, the corporation said.

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