The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
1,400 jobs Number of planned job losses
Announcement Date
5 July 2004
Employment effect (start)
Foreseen end date
Description
BBC is aiming to reduce its operating expenses by a third next year. That target would involve more than £ 100 million of cutbacks. The corporation hopes to save £ 20-30 million a year by outsourcing its technology division and transferring some 1,400 staff to new employers.
Sources
5 July 2004: The Financial Times
Citation
Eurofound (2004), BBC, Outsourcing in United Kingdom, factsheet number 60424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60424.