The Swiss Broadcasting Corporation (SBC) has announced plans to cut spending and axe an unspecified number of jobs from 2007. The public broadcaster said it was facing a SFr160 million ($125 million) shortfall in its budget within four years. SBC’s director-general Armin Walpen told a news conference today that a second package of spending cuts and an increase in public licence fees would have to be considered. He added that SBC would wait for a decision by parliament later this year on amending the radio and television law, including the funding scheme for SBC’s nine-language internet portal, swissinfo.
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