NBCU Wields Axe: 500 Likely to Fall

NEW YORK 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 reductions include the NBC News division, at the bureau level (Washington, D.C.; Dallas; Burbank, Calif.), 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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