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MTV announces 250 layoffs worldwide

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MUMBAI: MTV Networks International announced the elimination of 250 jobs at the company as part of their restructuring process.

The Viacom-owned operation said that this is part of a move to focus on high-growth businesses and markets and boost operating margins.

The Viacom Brand Solutions (VBS) Europe and VBS UK divisions, charged with developing targeted opportunities for advertisers across the MTVNI portfolio; as well as the consumer products, program sales and digital media units will maintain their existing structures.

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The 250 layoffs include the restructuring that took place at MTV Networks Asia in Singapore at the end of last year. In Latin America, further regionalization is being planned, with some functions at the Miami headquarters relocating to Buenos Aires. Ad sales and affiliate sales will remain in Miami, while Buenos Aires will be home to production, programming and creative strategy.

In Europe, meanwhile, a portion of the Emerging Markets/Middle East group in London will relocate to Budapest, Hungary and Warsaw. A new structure will also be put in place in London to devote more support to revenue-generating areas and its biggest business, MTV Networks U.K.

Some MTVNI functions will be merged with MTVN U.K., while others will be restructured to its existing global MTV Networks U.S. base. 

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Speaking about the changes MTVNI president Bob Bakish said that “(these changes) will position us well for the next phase of our growth-increasing our operating margins through more efficient corporate structures, while also mobilizing our resources to build our multiplatform brand portfolios in priority markets and expand growing revenue areas such as ad sales, digital media and consumer products.”

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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

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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.

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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.

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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.

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