NBC News is laying off up to 150 employees as the network prepares to split from CNBC and MSNBC, according to reports.
About 2% of the NBC News Group workforce was cut, according to The Hollywood Reporter. Impacted employees were expected to be notified on Wednesday, Oct. 15, a source told Variety.
Affected employees will be encouraged to apply for the roughly 140 open job postings at NBC News, while a dozen eliminated jobs will be repurposed into new roles. Laid-off workers will receive 60 days' notice, a severance package, and outplacement services.
The layoffs come as MSNBC and CNBC prepare to be spun off into Versant as Comcast sheds NBCUniversal's cable channels. Once the separation is complete, NBC will stop providing newsgathering support for the channels.
NBC News Group chair C