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CBC considering 'all possible measures' in wake of concerns over cuts, exec bonuses

CBC considering 'all possible measures' in wake of concerns over cuts, exec bonuses

CTV
Saturday, December 9, 2023 3:04 AM GMT

Top CBC executives said Friday they are considering options to manage the broadcaster's financial pressures, including taking a look at "senior executive compensation," following plans to slash 10 per cent of the public broadcaster's workforce.

Top CBC executives said Friday they are considering options to manage the broadcaster's financial pressures, including taking a look at "senior executive compensation," following plans to slash 10 per cent of the public broadcaster's workforce.

CBC/Radio-Canada head Catherine Tait and seven vice-presidents released a brief statement that afternoon, after MPs of different political stripes voiced concern about the plan to cut 600 jobs and not fill 200 vacancies over the next year.

"We are aware of the concerns that have been expressed following the announcement of cuts at CBC/Radio-Canada, as well as questions about remuneration, particularly senior executive compensation tied to performance," the statement read.

"To be clear, all possible measures are being considered in the context of managing our financial pressures in the months ahead, including senior executive compensation."

Tait announced job cuts earlier in the week, saying the move was necessary to make up for a $125-million shortfall.

As a Crown corporation, CBC operates independently of Parliament. It receives roughly $1 billion in federal funding each year.

Political leaders have expressed concern about the impact the job cuts will have on its programming, especially for French-language audiences both in Quebec and outside the province.

Read full story on CTV
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