Hundreds of jobs slashed at CBC

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. Dave posted on 04/10/2014 02:49 PM
    Won't miss CBC's blatantly left-wing institutional bias one iota.
    If it can't draw viewers and listeners on the same, even playing field along with everybody else, why should taxpayers have to subsidize its leftist agenda?
    Canadians value equality -- no special status for provinces, and no special status for broadcasters.
  2. About time posted on 04/10/2014 05:43 PM
    Not a fan of people losing a job... But...

    Can't wait until we do away with all CBC.

    Huge salaries paid for minimal return on $.
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