News Broadcasting
CNBC Asia Pacific appoints Pappas as director of marketing
MUMBAI: The business news and information network CNBC Asia Pacific today announced a new appointment to its management team with Anne Pappas taking on the role of director of marketing, effective 2005 April.
Pappas will be based in Singapore and will be responsible for the network’s marketing strategy throughout the Asia Pacific, informs a media release.
In addition to reviewing the network’s brand strategy, she will be working closely with her colleagues in sales to identify new opportunities for clients.
A marketing professional with international experience in media, business and consumer sectors, she was previously the vice president and international marketing director with TIME magazine based in London.
The official communiqué states that in that role, she managed communications, sales development and audience research efforts for TIME in Asia, Europe, Middle East and Africa.
The official communiqué states that in that role, she managed communications, sales development and audience research efforts for TIME in Asia, Europe, Middle East and Africa.
Prior to her London appointment, Pappas held various regional marketing and promotions roles with TIME magazine in Hong Kong.
She had also held senior marketing appointments at Asiaweek magazine in Hong Kong and the Fairfax-published Business Review Weekly in Australia and Hong Kong.
She will report directly to Adrian New, CNBC Asia Pacific’s senior vice president, advertising sales & marketing. New said, “Anne’s experience will be invaluable to the company’s objective of developing a brand and marketing strategy that will clearly differentiate CNBC in the marketplace and that will provide a framework for all of our corporate initiatives. Anne brings with her great energy and enthusiasm, a superb understanding of media marketing and she will play a vital role as CNBC continues to achieve ever higher levels of growth.”
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.
