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BBC Announces Major Job Cuts

The British Broadcasting Corporation says it needs to cut 2,900 jobs, or more than 10 percent of its workforce, in an effort to reduce costs.

BBC Director-General Mark Thompson says some 2,500 of the jobs to be eliminated will come from administrative departments, such as human resources and marketing.

Mr. Thompson says 1,800 employees will be moved from London to a new regional center in Manchester. He says the changes are expected to generate savings of more than $620 million a year. Most of the savings are to be redirected into new BBC programming.

The public broadcaster, which draws most of its revenue from a license fee levied on all British households.

Some information for this report provided by AP, AFP and Reuters.