NBCU to Cut 500 Jobs

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NBC Universal has begun paring its global workforce in a cost-cutting measure that will impact approximately 500 employees.

The first wave of cuts began Wednesday, as some 30 support-staff positions in NBC’s ad sales and research departments were eliminated. Other properties in the midst of staff reduction include the NBC News division, at the bureau level (Washington, Dallas, Burbank) and CNBC.

Early reports put the number of staffers impacted at CNBC as high as 80, but sources have characterized that figure as an inaccurate overstatement.

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