Skip to comments.More Layoffs At NBCU’s TV Networks
Posted on 11/12/2012 4:27:01 PM PST by Red Steel
EXCLUSIVE UPDATED: It seems like there is another wave of belt-tightening at NBCUniversal. I hear the company has been imposing layoffs across the various TV divisions of the company. The layoffs started two weeks ago with Los Angeles-based personnel, with New York-based employees getting pink slips today. (NBCUs LA-based film studio, Universal Pictures, also was hit with layoffs about two weeks ago, when it let go of 25 employees.) I hear the cuts, which dont appear to be very deep, are the result of a corporate decision and virtually all networks are affected to some extent including NBC; Syfy; USA; G4, which recently cancelled two of its long-running shows, E! and Bravo. At some networks, the layoffs involves as few as a handful of employees.
I hear the movie and TV layoffs are part of a company-wide headcount reduction, which has affected about 1.5% of NBCUs 30,000 workforce. Ive learned that the individual divisions were not given a target of a number of layoffs they had to hit but rather asked to look to eliminate any insufficiency and overlap as years end nears.
NBCU already underwent a round of cost-cutting following the Comcast merger. The trimming has continued quietly behind the scenes, occasionally bubbling over, like the recent budget cut of NBCs The Tonight Show, which I hear was one of the first major moves in the current wave of cost-cutting. The news comes as NBC is making inroads this fall, climbing from fourth to first place in the ratings. Ive learned that NBCs layoffs do not affect its creative departments. Reps for NBCU declined comment.
Obammunism: (aka Crony Communism) all the worst part of Crony Capitalism combined with all the worst parts of Socialism.
I bet Tina Fey and Alec Baldwin are still multi-millionaires, though!
NBC, state run propaganda networks
They should hire Katie Couric as news anchor. yeah, that’s the ticket!
Boycott Comcast Universal NBC, the on air personalities of MSNBC are reflective of the corporation’s leadership!
Voting for Obamaramadingdong has consequences.
“Ive learned that NBCs layoffs do not affect its creative departments.”
“No Gays, Lesbians, Bi, or Transgendered NBC Employees were harmed by these layoffs.”