All articles tagged with #nbc news layoffs
NBC News is laying off about 2% of its staff, reallocating resources primarily towards expanding NBC Sports and new sports coverage initiatives, as part of its preparation for the upcoming Versant spinoff that will separate NBC's cable assets from its news division.
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.
NBC News laid off about 150 staffers, roughly 2-7% of its workforce, as part of cost-cutting measures ahead of Comcast's split of its cable networks into Versant, which will no longer provide newsgathering for MSNBC and CNBC, leading to organizational changes and job reassignments.