On Monday, the BBC announced it would cut 2,000 jobs in programming, including news.
Here's BBC Online editor Pete Clifton's take on how the cuts will affect his service.
An excerpt:
There's no point embarking on a column like this without taking the rough with the smooth, and this week has been dominated by the latest announcement from director general Mark Thompson on job cuts.
A fair bit of the detail was covered by us here - BBC to cut 2,000 programme jobs and here - BBC job cuts at a glance, followed by union anger: BBC faces strike ballot deadline.
Several of you have written to ask what it means for this website.
The 15% cuts proposed over three years apply to most areas of the BBC, including BBC News Interactive - which includes this site, the Ceefax and digital text service and interactive TV news.
For us it means a proposal to close about 12 journalism posts directly related to this website in the coming year. We have yet to finalise our plans for years two and three, but by the end of that period we are planning to have trimmed £4.3m from News Interactive's total annual budget.
A tough week for many at TV Centre |
It will mean reducing the amount of work produced in those areas, and our focus across the department will be fast, well-written news, background and analysis, and original journalism (more about this later).
For these reasons my other principal decision has been to maintain the level of effort on the World and UK news teams, which I think provide the engine room for the site.
Adding to the complexity is that the money saved in year one is aimed at balancing the BBC's books, but in years two and three money will start to be reinvested in new services.
Interactive and on demand services have been identified as priorities, so while we brace ourselves for sorting out a three-year-plan for budget reductions, we can also start working out our bids for additional money.
Quite a difficult message to put across when good people face such an uncertain future, but, personally I think it is right that we take a close look at what our priorities are and where we might be able to reduce our costs. But I would say that, wouldn't I?