Tuesday, October 31, 2023
Some of you asked what to expect following the announcements made on October 13 by the CEO, Ms.Tait and other senior management.
BUDGET REDUCTIONS
Briefly, the reduction of the government contribution, the impacts of the increase in the cost of living and the loss of revenues primarily related to the various digital media will total within 3 years about $100 million. According to management, this amount represents approximately 6% of the Corporation’s budget.
The aftermath will be felt as early as fiscal year 2024/2025 and will affect ‘how things are done’ at CBC/Radio-Canada.
MEASURES ANNOUNCED
The measures announced to reduce spending have several components, and here are some examples mentioned at the meeting.
- Assess the need for travel;
- Assess the need to attend certain events;
- Suspension in the creation of new positions;
- An exception process will be implemented to fill all vacant positions. This process involves, among other things, the approval of the Vice-President of the component (there will therefore no longer be almost automatic filling of vacancies, which number approximately 250 on average every week);
- Reduced expenditures deemed non-essential and discretionary.
THIS IS WHAT WE KNOW FOR NOW
CBC Management declared that the intent was not to cut jobs or, in other words, any lay-offs.
The above is what we know for now!
MONITORING AND INFORMATION
Let’s avoid rumours and speculation. We will inform you of developments as they occur and the procedures to follow depending on the situations that arise, if any.