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NBC News Cuts 150 Jobs Amid Ratings Decline and Organizational Changes

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Source: Los Angeles Times
NBC News Cuts 150 Jobs Amid Ratings Decline and Organizational Changes
Photo: Los Angeles Times
TL;DR

NBC News laid off 150 employees due to declining ratings and ad revenue, with additional cuts expected as the company shifts focus towards digital and streaming services, including the launch of a new subscription streaming platform, amid broader industry layoffs and cable spinoffs.

Topics:businessmedia#cable-spinoff#digital-transformation#media#media-industry#nbc-news-layoffs#ratings-decline
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  1. NBC News lays off 150 employees amid ratings declines and cable spinoffs  Los Angeles Times
  2. NBC News Cuts About 7% of Staff  The New York Times
  3. NBC News begins layoffs ahead of MSNBC split  Fox Business
  4. NBC News layoffs: 150 staffers cut amid Versant spinoff  Axios
  5. NBC News’ 150 Layoffs Gut Black, Latino, Asian American and LGBTQ+ Diversity Teams  TheWrap

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