News Broadcasting
CNN-IBN to cover Union & Railway Budget 2016 with ‘The Budget Booster’
MUMBAI: With the Union and Railway budget to be announced on 29 February, 2016 by the Finance Minister of India Arun Jaitley, the much awaited report will be watched by all the viewers including corporates with high expectations. CNN-IBN is all geared up to decode the Budget 2016 with its special programming line-up, The Budget Booster.
The budget typically includes a slew of measures and initiatives that may have long term, far reaching and cascading impact.
Apart from the live coverage, the channel will bring a wide array of programming that will assess and evaluate the impact of the budget on individuals, the industry and the overall economic climate of the country. The line-up will comprise multiple special shows and segments like If I were FM asking the viewers would want to share and include in the budget, Budget on Campus will go to top institutes of the country and ask students to spell out their priorities for the budget. Axe the Tax will identify taxes and other related provisions that the government could target to modify in order to ease the tax burden on common citizens.
CNN-IBN will travel to various parts of the country to do a reality check on the impact of the various reform measures undertaken by the government for various sectors like agriculture, exports, manufacturing to name a few in Budget Yatra.
The channel will also air Budget and Politics consisting of round-table discussions with eminent politicians discussing the impact of the budget on politics whereas Corporate Wishlist will have CXOs talking about their expectations from the Budget.
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
