Thursday, October 8, 2020

CBC: Behaving Like a Normal Business With Layoffs?

Reality catches up with CBC (for now) even after billion dollar handouts from Justin and his merry band of NDPLiberals

How bad do you have to be get your job to be one of a couple of dozen at the CBC to be laid off? 

"...Williams said in her note to staff the CBC faces a $21 million deficit each fiscal year, and the current environment necessitated “adjustments to our business and in turn, those adjustments will have an impact on our workforce.”

CBC said the cuts were not related to the pandemic, although it has exacerbated the financial pressures of declining advertising and subscription revenues for the public broadcaster and other media organizations.

According to its financial statements, the crown corporation received more than $1.2 billion from the federal government in funding in 2019 and employed some 7,400 people across its divisions..."

https://nationalpost.com/news/canada/cbc-to-lay-off-dozens-of-journalists-and-management-across-multiple-divisions

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