WATCH: SABC briefing on finances

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JOHANNESBURG - SABC Group Chief Executive Officer (GCEO) Madoda Mxakwe briefed the media on issues at the public broadcaster.

On Tuesday it was reported that as many as 1,000 permanent SABC employees may lose their jobs in a widespread restructuring.

Some 1,200 freelancers will also be affected.

All employees at all levels will be affected by the exercise, which is expected to save the struggling broadcaster around R440-million.