NBC News Reduces Workforce by 7% Amid Upcoming Corporate Restructuring
Photo: nytimes.com

NBC News Reduces Workforce by 7% Amid Upcoming Corporate Restructuring

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NBC News is laying off around 150 employees, or 7% of its workforce, in preparation for a corporate spinoff that will separate it from cable networks like MSNBC and CNBC.

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These layoffs indicate the broader struggles faced by media organizations in the changing landscape of cable television. The separation of NBC News from cable networks like MSNBC and CNBC highlights the industrys need to adapt to new viewer habits and economic pressures.