BBC Employees Facing Massive Cuts THR

The BBC is entering another round of major layoffs, reports The Hollywood Reporter.

The U.K. broadcaster will cut 18% of its more than 640 senior and exec director posts over the next three-and-a-half years.

According to the story, salaries will be frozen for the next three years for executive directors, and new hires will receive salaries lower than their commercial counterparts, the public broadcaster said.

--Elizabeth Jensen