this post was submitted on 04 Dec 2023
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CBC/Radio-Canada to cut 10 per cent of workforce, end some programming as it faces $125M budget shortfall (www.cbc.ca)
submitted 9 months ago by mp3@lemmy.ca to c/canada@lemmy.ca
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[–] mp3@lemmy.ca 10 points 9 months ago* (last edited 9 months ago) (1 children)

Inflation (increasing production cost, hardware, licensing, salaries) and dwindling ad revenue was a double-whammy on their finance projection, and now they sadly have to adjust where layoffs are necessary.. :(

[–] vinceman@lemmy.blahaj.zone 19 points 9 months ago (1 children)

I mean, I get it, but I also don't think our federal broadcaster should have ever had to rely on ad dollars.

[–] mp3@lemmy.ca 5 points 9 months ago

I wish they did manage to rely entirely on public funding...