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The BBC has announced plans to eliminate 155 jobs from across its news operations as part of a wider £700mn cost-cutting strategy.
The move will save £24mn, according to an internal memo sent to staff at the UK national broadcaster on Tuesday and seen by the Financial Times, or 4 per cent of the budget of the newsroom.
The BBC has increasingly struggled to cover the costs of its wide range of services, having lost close to one-third of its income over the past decade.
The previous Conservative government capped funding for the two years to 2024 and then awarded the lowest level of licence fee increase up to 2027. BBC executives will enter into talks with the Labour government about the terms of its next licence, which starts in 2027.
The corporation’s news operation will shed 185 roles in total but will open 55 new positions — a net reduction of 130 posts,…