The Economic Times

BBC to cut 2,000 jobs, shutting down BBC Three, BBC Scotland TV channels and Radio 4 Extra to save 500 million

In a significant shift, the BBC will discontinue its BBC Three and BBC Scotland channels this spring as part of a strategic initiative aimed at reducing costs by 500 million over the next two years. Additionally, BBC Radio 4 Extra will be closed, although its programming will still be available on BBC Sounds.