According to reports, CBC/Radio Canada President Hubert Lacroix will address all employees via a conference call on Thursday afternoon to outline how the national broadcaster will deal with weak industry-wide advertising, poor TV ratings and the loss of NHL broadcast rights.
Ian Morrison from Friends of Canadian Broadcasting says the announcement will be substantial.
His sources from within the CBC have told him that the dollar amount of the cuts will amount to between $130 million and $140 million with about 70 per cent of the cuts coming on the English-operations side.
"This will involve layoffs in the range of 200 people on the French side and about 350 on the English side," Morrison told Yahoo Canada News, noting that younger, less-senior staffers will bear the brunt of the layoffs.
"In terms of programming, what I've heard is that they're going to really curtail anything that has to do with sports. That's aRead More »from CBC management set to announce big cuts, curtailing of sports programming