Thousands of employees are expected to lose their jobs as the BBC implements one of its largest rounds of cuts in decades. The decision stems from financial pressures and a growing loss of viewers. Now, the British media giant is being forced to undergo a rapid and sweeping transformation.
The BBC plans to cut up to 2,000 jobs—about one in ten employees. The announcement is expected to be made to staff at a large internal meeting, according to reports, Financial Times.
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