BBC to Cut Up to 1,000 Staff in Bid to Save £500 Million a Year

The UK's national broadcaster plans to cut up to 1,000 members of staff over the next few years as part of a plan to save 500 million annually.

It is part of the plan to become a digital-led media organization.

The BBC has set out the blueprint to build a digital public service media organisation. In a speech to staff, Director-General Tim Davie said the BBC must reform to stay relevant and continue to provide great value for all. 

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The UK and International audiences will now have a single 24 hour news channel from the BBC.

Nadine Dorries, the UK Culture Secretary, froze the license fee in January for two years, while inflation soared.

Dorries has criticized the funding model many times and said that the license fee will be the last one before it is changed. The privatisation of Channel 4 is controversial because it is state-owned but privately-funded.

With assistance from Thomas Seal.