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00:02NBCUniversal is cutting jobs in its global streaming technology organization, according
00:06to Reuters.
00:07The number of employees affected will depend on the outcome of consultations with workers,
00:11according to a source familiar with the matter.
00:13Most of the cuts are at Sky, Comcast's European media arm, although some U.S.-based NBCUniversal
00:18employees will also be affected.
00:21NBCUniversal said it is proposing changes to its global streaming technology organization
00:25to ensure it has the right structure and resources in place for future growth.
00:28The cuts come as media companies seek to improve margins in their streaming operations.
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