OVER 400 ABC could lose their jobs as the ABC searches for $254 million in savings after the Federal Government cut funding.
ABC’S Managing director Mark Scott made the announcement in Sydney this morning.
He said close to 10 per cent of the ABC’s ongoing workforce face potential redundancy.
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“We regard the changes as vital to securing the long-term health of the organisation but I acknowledge that is no comfort to those who will lose their positions,” he said.
The ABC reports, A national 7.30 program on Fridays will replace the current state 7.30 editions, Lateline will be moved to a new fixed timeslot of ABC News 24 and foreign bureaux will be restructured to create “multiplatform hubs”.
Changes will also affect ABC Local, Radio National and ABC Classic FM programming and there will be an overhaul of ABC TV’s sports coverage.
Five regional radio stations will be shut down, as well as ABC’s Television stuidos in Adelaide. Non-news TV production around the country will also be scaled back.
The public broadcaster is also set to review of their property holdings, with its site at Gore Hill in Sydney to be sold.
PHOTO: Mark Scott addresses aBC staff in Sydney. Source: @abcnews twitter