BBC is forced to sack more than 1,000 employees because of huge losses in license revenues in the future.
The British broadcaster estimates that £150 million in license income will vanish, because people are dropping TV programs and rather watch entertainment on the internet.
UK households annually have to pay £145.50 in license fees to the BBC.
The broadcaster currently has over 16,600 employees, and the cuts will for the most part be in the administration, says a statement from the BBC on Thursday.
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