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CBC announces it's cutting more than 130 jobs across Canada over next 3 months – CBC.ca

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The CBC is cutting more than 130 jobs across the country over the next three months, the Crown corporation said Wednesday.

“As a result of some necessary changes with respect to resizing our business, a number of positions from within the organization will no longer be a part of our workforce come the end of the calendar year,” Barbara Williams, CBC’s executive vice-president of English services, said in a note to staff.

In a separate note to staff, an official said that 58 positions across news, current affairs and local will be cut.

Subsequent to that announcement, CBC spokesperson Chuck Thompson said in an interview that there will be job reductions beyond the divisions outlined in the note to staff, and in total, about 130 positions across the CBC’s English-language services will be cut by the end of the year.

Most of the losses will affect positions based in Toronto, although the cuts will be spread among five centres across Canada.

CBC/Radio-Canada currently employs roughly 7,500 people across the country.

A “good portion” of the cuts to the 58 positions were achieved through attrition, collapsed vacancies and retirement, Williams said.

The company cited higher costs, coupled with lower revenues, to explain the decision.

Williams said the CBC began the fiscal year with a roughly $21 million budget deficit “due to declines in advertising and subscription revenues linked to our traditional television business and to inflation on a portion of our parliamentary allocation.”

Those financial pressures predated the ongoing coronavirus pandemic, which has exacerbated the situation for the CBC and other media organizations.

“This reset would have happened irrespective of COVID,” Thompson said.

The move comes as private-sector broadcasters are also cutting costs and staff 

In July, Global News laid off several dozen staff in a restructuring that saw the company significantly curtail its coverage of entertainment and lifestyle journalism and scale back its social media team.

“Like every media company, CBC operates in a challenging media landscape, a media landscape which is in constant disruption,” Williams said.

“The next few weeks will be challenging as we go through the workforce adjustment process.”

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1 New Case Of COVID-19 In Windsor Essex As Of Monday – windsoriteDOTca News

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The Windsor Essex County Health Unit has announced 1 new case of COVID-19 as of Monday, bringing the local total to 2,795. They say 2,687 people locally have recovered.

Cases increased from 2,794 on Sunday October 25th to 2,795 on Monday October 26th and 32 cases of COVID-19 are currently active in Windsor-Essex.

The Health Unit says Monday’s one new case is still under investigation.

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There have been no additional deaths due to COVID-19 as of Monday and the local death toll stands at 76.

As of Monday, the Health Unit lists 1 person as hospitalized with a confirmed case of COVID-19 in Windsor Essex, and 1 person in the ICU. Zero hospitalizations are listed at Windsor Regional Hospital.

Workplace Outbreaks

As of Monday, the Health Unit says the following workplaces are under outbreak:

  • 1 construction company (in Lakeshore)
  • 1 food & beverage services company (in Kingsville)

A workplace outbreak is declared when two or more employees test positive for COVID-19 within a reasonable timeline to suspect transmission in the workplace, according to the Health Unit. Officials with the Health Unit have said a workplace will only be named if a threat to the public exists.

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1 New Case Of COVID-19 In Windsor Essex As Of Monday – windsoriteDOTca News

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The Windsor Essex County Health Unit has announced 1 new case of COVID-19 as of Monday, bringing the local total to 2,795. They say 2,687 people locally have recovered.

Cases increased from 2,794 on Sunday October 25th to 2,795 on Monday October 26th and 32 cases of COVID-19 are currently active in Windsor-Essex.

The Health Unit says Monday’s one new case is still under investigation.

Article Continues Below Local Sponsor Message

There have been no additional deaths due to COVID-19 as of Monday and the local death toll stands at 76.

As of Monday, the Health Unit lists 1 person as hospitalized with a confirmed case of COVID-19 in Windsor Essex, and 1 person in the ICU. Zero hospitalizations are listed at Windsor Regional Hospital.

Workplace Outbreaks

As of Monday, the Health Unit says the following workplaces are under outbreak:

  • 1 construction company (in Lakeshore)
  • 1 food & beverage services company (in Kingsville)

A workplace outbreak is declared when two or more employees test positive for COVID-19 within a reasonable timeline to suspect transmission in the workplace, according to the Health Unit. Officials with the Health Unit have said a workplace will only be named if a threat to the public exists.

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Ant Group raises $34.4 billion in the biggest IPO of all time – CNBC Television

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  1. Ant Group raises $34.4 billion in the biggest IPO of all time  CNBC Television
  2. Ant Group set to surpass Aramco as biggest-ever IPO  Aljazeera.com
  3. Chinese fintech could shatter records with US$35B share offer  CTV News
  4. Jack Ma Wealth Surges Above Walmart Heirs’ With Record Ant IPO  BNN
  5. Behold the Mighty Ant  The Wall Street Journal
  6. View Full coverage on Google News



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