News Broadcasting
CNBC US re-launches website
MUMBAI: US business and financial network CNBC has re-launched its site CNBC.com. It is positioned as the world’s most comprehensive and authoritative digital destination for business. CNBC.com offers data, video and reporting of business and financial news to ensure investors get the information they need. CNBC.com features business videos available streaming live, on-demand and thoroughly integrated throughout the site.
CNBC.com will produce and post videos from its new all-digital studio in Englewood Cliffs, N.J., together with CNBC Asia headquarters in Singapore and CNBC Europe headquarters in London and bureaus in every time zone around the world.
CNBC president Mark Hoffmann says, “CNBC.com is the perfect online extension of our trusted global business news organization. We have created a truly integrated news gathering operation that leverages the assets and resources of CNBC and maximizes their potential for both TV and web platforms. CNBC.com delivers all the analysis and access viewers expect from CNBC while affording breadth, depth and personalisation features that simply aren’t possible on television. CNBC.com also offers users the chance to stay up-to- date with CNBC even when they cannot watch CNBC on their television.”
Financial News for Your Needs: CNBC.com is designed to help viewers customise data and analysis for their own particular needs. Personalized tickers on CNBC.com are easy to create in order to track specifically designated companies. Tickers are detachable and can even be anchored on a viewer’s desktop.
All components of CNBC.com have visible “tags” searchable across all media — video, text, charts, TV programming and user-generated message boards.
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.
