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NBC News cuts 150 jobs before Versant spinoff | JQJO

NBC News cuts 150 jobs before Versant spinoff

NBC News cuts 150 jobs before Versant spinoff

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A round of layoffs swept NBC News on Wednesday, eliminating about 150 jobs — roughly 2% of the NBC News Group — ahead of Comcast’s spinoff of Versant. The cuts spanned the division, driven by NBC News ending newsgathering for CNBC and MSNBC and wider headwinds in the media economy. NBC News is shifting resources to a forthcoming subscription service and expanded sports coverage, with about 140 roles open and affected employees urged to apply. Staff received 60 days’ notice, severance and outplacement, as Cesar Conde touted recent launches and a new marketing push.

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