BBC Online To Cut 360 Jobs As Budget Slashed By 25 Per Cent

The BBC has announced that 360 employees will loose their jobs as a part of stringent budget cuts to the corporation's online division.

The job cuts are a part of the corporation's new plans to reducing BBC Online's budget by 25 per cent to £103 million by 2013.

According to BBC News, the corporation will axe some 200 websites over a period of two years.

Some of the BBC websites that will close as a result of the budget cuts include skill assessment website RAW, teen creativity platform Blast, the 606 sports forums and documentary publishing platform Video Nation.

Commenting on the budget cuts, BBC director general Mark Thompson said in a statement: “BBC Online is a huge success, but our vast portfolio of websites means we sometimes fall short of expectation.”

"A refocusing on our editorial priorities, a commitment to the highest quality standards, and a more streamlined and collegiate way of working will help us transform BBC Online for the future."

Before the budget cuts, BBC Online operated on a budget of £137 million every year.