Meta plans layoffs affecting 8,000 employees

The BBC has announced plans to cut between 1,800 and 2,000 jobs in order to close a £500 million funding gap. This is the broadcaster's largest wave of redundancies since 2011. The cuts are driven by a significant increase in British households not paying the license fee, which the BBC says costs it over £1 billion a year in potential revenue. The restructuring aims to address the severe financial shortfall and reorient the public service broadcaster.