CBC to cut 657 jobs and $130 million from its budget

Description: After losing the right to “Hockey Night in Canada” to Rogers Media last year, CBC’s president, Hubert Lacroix, recently announced that CBC will slash 657 full-time positions over two years, shave $130 million from its 2014-15 budget, and will no longer pursue sports broadcasting rights. Source: Canadian Business Date: April 10, 2014 Link: http://www.canadianbusiness.com/business-news/cbc-cuts-657-jobs-and-slashes-130-million-from-its-budget/ … Continue reading CBC to cut 657 jobs and $130 million from its budget