NBC News Cuts 150 Jobs Amid Ratings Decline and Organizational Changes
TL;DR Summary
NBC News laid off 150 employees due to declining ratings and ad revenue, with additional cuts expected as the company shifts focus towards digital and streaming services, including the launch of a new subscription streaming platform, amid broader industry layoffs and cable spinoffs.
Topics:business#cable-spinoff#digital-transformation#media#media-industry#nbc-news-layoffs#ratings-decline
- NBC News lays off 150 employees amid ratings declines and cable spinoffs Los Angeles Times
- NBC News Cuts About 7% of Staff The New York Times
- NBC News begins layoffs ahead of MSNBC split Fox Business
- NBC News layoffs: 150 staffers cut amid Versant spinoff Axios
- NBC News’ 150 Layoffs Gut Black, Latino, Asian American and LGBTQ+ Diversity Teams TheWrap
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