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October 07 2011

20:14

BBC's new programme: quality, efficiency and distinctiveness (or loss of 2,000 jobs)

BBC | Trust :: The BBC Trust has today launched a public consultation after reviewing a set of proposals from BBC management for changes to the services the Corporation provides and the way it operates. The proposals aim to set the course for the BBC to the end of its current Charter in 2016, based on a new programme of efficiencies and a clearer focus on the BBC's editorial priorities.Together, this will mean savings of around £670m a year by 2016/17. It will also mean a loss of around 2,000 jobs across the BBC.

Continue to read Press Release, www.bbc.co.uk

September 03 2011

15:17

Forced vacation use ordered at L.A. Times

LA Observer :: More cost cutting: the same week that parent Tribune asked the bankruptcy judge to tapprove bonuses for 640 managers, Los Angeles Times employees received an email saying they will not accrue vacation for the rest of 2011. They also have to use up some of their banked vacation days, like it or not. LA Observer published the memo.

Continue to read Kevin Roderick, www.laobserved.com

June 17 2011

06:08

Guardian's digital-first is in fact a "no-choice" strategy: out of cash in 3-5 years?

The Telegraph :: GNM's "Digital-first" is more precisely a strategy to cut costs. Guardian News and Media (GNM) is to axe dozens of staff after it revealed it lost £33m (€37.6m) in the last financial year. The company, which is owned by Guardian Media Group and backed by charitable foundation The Scott Trust, plans to make £25m (€28.5m) of savings over the next five years and to prioritise digital over print.

GMG declined to put a figure on the number of jobs set to go in the next wave of redundancies but it is thought it could be as high as 175. Chief executive Andrew Miller told staff in a series of briefings yesterday that the group could run out of cash in three to five years unless it underwent a "major transformation".

Continue to read www.telegraph.co.uk

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