NBC News Lays Off 150 Staff As Comcast Prepares Network Split From Cable Channels

Benzinga

NBC News cut 150 jobs, about 7% of its staff, as Comcast prepares to separate the network from its cable units. The diversity team saw the largest cuts amid wider media consolidation and upcoming layoffs at Paramount.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02NBC News has laid off about 150 employees or 7% of its workforce as pair company Comcast

00:07appears to separate the network from its cable affiliates, that according to Axios.

00:12They also affected multiple departments with an adversity unit in harvest.

00:15NBC Universal News Group Chairman Cesar Conde told staff the cuts weren't necessary

00:20to remain strong as an industry leader, but they are not easy and are never taken lightly.

00:24Around a dozen positions are being repurposed as new roles and affected employees are encouraged

00:29to apply.

00:30The move comes amid a wave of media consolidation and cost-cutting, putting job reductions

00:34expected at Paramount following its merger with Skydance Media.

00:37For all things money, visit Benzinga.com.

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