The job losses come during the latest round of cost-cutting at the Canadian pubcaster as it deals with lower advertising and higher operating costs.
The Canadian Broadcasting Corp. is to cut 130 jobs as part of a "resizing" of the country's public broadcaster amid the global pandemic.
The CBC said a number of positions will be eliminated through "attrition, collapsed vacancies and retirement," but that around 40 jobs, mostly based in Toronto, would be cut. The cost cutting will fall on unionized members associated with the Canadian Media Guild and the Association of Professionals and Supervisors union.
CBC vp of English services Barb Williams in an internal email obtained by THR explained the job cuts were the result of falling advertising and subscription revenues, made worse by the COVID-19 crisis. "Every year, our costs go up as revenue generation in traditional media goes in the other direction and, not surprisingly, we have seen that more acutely this fiscal (year) with the global pandemic," Williams told CBC employees.
The CBC developed homegrown series like the Emmy-winning Schitt's Creek and Kim's Convenience comedies that are sold into the U.S. and other international markets.
The pubcaster, like rival Canadian TV networks, has also been impacted by Canadians increasingly embracing Netflix and other online TV platforms.
The CBC and Radio-Canada, the French-speaking pubcaster based in Quebec, have around 7500 workers.
Article by: the Hollywood Reporter.
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