Read this: CBC to slash 657 full-time jobs over 2 years as broadcaster adjusts to future without sports - Financial Post
Summary: Canadas national broadcaster told employees Thursday it will eliminate 657 full-time jobs over the next two years as it faces a 130-million financial shortfall. Hubert Lacroix, president and chief executive of the Canadian Broadcasting Corporation, told staffers the broadcaster will also stop pursuing the purchase of professional sports rights and halt any planned local expansion of news coverage. It will likely take several weeks for specific job losses to become clear and union seniority will also play a role. - business.financialpost.com
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