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Tuesday, December 29, 2020

Continuous revolution

Led by The Times, hastily followed The Mail, newspapers deliver a kicking to the BBC for pay-offs totalling £26.6m this financial year, to speed the departure of 314 members of staff. 

It's hard to believe newspapers don't have similar schemes and statutory commitments. In 2020, News Corp spent $1,830m on 'impairment and restructuring'.

The bigger story is, surely, who is creating all the new jobs, which means the BBC effectively employed a fairly stable 20,000 people over the past decade, despite a regular annual spend of some scale on 'restructuring'.  

2010 £62m
2011 £63m
2012 £103m
2013 £10m
2014 £11m
2015 £21m
2016 £21m
2017 £50m
2018 £13m
2019 £25m

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