NBC Information is conducting a second spherical of layoffs this yr, with the newest cuts ensuing from the upcoming spinoff of Versant.
The corporate introduced the layoffs on Wednesday, with the cuts affecting practically 7% of NBC Information operations and representing 2% of the NBCU Information Group workforce.
The cuts have been unfold throughout totally different divisions throughout the information community, based on a report from The Wrap.
The choice to put off staffers comes because the information group is now not supporting the newsgathering efforts of two information networks, and it’s also influenced by the present financial local weather affecting the media business.
MSNBC, alongside CNBC, started working independently of NBC Information on October 6. At present, solely MSNBC and CNBC’s DC information operations are nonetheless affiliated with NBC Information, with that help anticipated to conclude this coming weekend.
MSNBC can be within the technique of relocating from NBC Information headquarters, 30 Rock, in Manhattan to a brief workplace house that features studio amenities set to come back on-line within the upcoming weeks. It will coincide with the community identify change from MSNBC to MS NOW, accompanied by a brand new brand that drops the Peacock branding related to the NBC model.
In the meantime, NBC Information is supporting its impacted staff by offering them with a severance package deal and providing outplacement providers. As well as, they may obtain 60 days’ discover and sponsored advantages help.
Affected staff are additionally being inspired to use for the corporate’s practically 140 open positions, which embody a dozen of the eradicated positions being repurposed as new roles.
NBC Information laid off practically 40 staffers earlier this yr throughout varied departments. These cuts affected practically 3% of its 1,500-employee workforce at the moment.
NBCU Information Group chairman Cesar Conde not too long ago shared a memo with staffers outlining the information retailers’ priorities post-spinoff, which embody the launch of a brand new subscription product later this yr and increasing its Sports activities Hub.
