fromBusiness Insider
2 days agoNBC News cuts 7% of staff as it prepares to separate from MSNBC and CNBC
On Wednesday, NBC News began cutting 7%, or about 150 of its roughly 2,000-person staff, as it gears up to operate independently of its cable brethren. NBC News parent Comcast's NBCUniversal is set to spin off several of its cable networks, including MSNBC and CNBC, into a new company, Versant. It's the latest sign of cable's ongoing decline as viewing behavior shifts to streaming.
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