LONDON- On Wednesday, BBC announced that it would axe 450 jobs from its news division in a restructuring aimed at cost-cutting to change how it makes news for its younger audience.
98-year-old BBC, in talks with the government about its future, said fewer viewers are seeing the news programmed and investment in new digital platform formats is due.
For cost-cutting, fewer stories will be covered and the journalists will operate from centralised teams instead of specific programmes to cut duplication.
At the moment, BBC News operates with a team of 6000 people with 1700 of them working from the outside of the UK.
In the next decade, BBC News needs to save money and be reshaped from its traditional linear broadcasting approach to one that is digital.
BBC is at the herald of an existential threat.
(Photos syndicated via Reuters)
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