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NBC News has eliminated 7% of its workforce as parent company Comcast spins off MSNBC and CNBC into new entity Versant. The network is simultaneously hiring in other areas and developing a premium subscription service amid ongoing industry shifts toward streaming platforms.
NBC News has reportedly begun cutting approximately 150 positions, representing 7% of its roughly 2,000-person staff, according to recent reports. Sources indicate this marks the network’s second round of cuts this year, following January’s elimination of about 40 roles. The NBC News organization attributed the reductions to both a challenging business climate and its upcoming separation from cable counterparts MSNBC and CNBC.
