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Major NBCUniversal Layoffs In TV & Streaming Unit To Begin In Mid-November

Y2kTheNewOldies

Y2kTheNewOldies

https://deadline.com/2020/10/nbcuniversal-layoffs-tv-streaming-unit-november-december-1234605350/

EXCLUSIVE: The next projected layoffs stemming from NBCUniversal’s recent restructuring are starting next month, sources tell Deadline.

November 12 is penciled in as the target date as company brass are eying mid-next month for the second wave of staff reductions to begin, we hear. The cuts will likely come in waves, one in mid-November and one to follow in late December or early 2021, with as many as 150-300 employees affected.

NBCUniversal’s recently formed Television and Streaming division, led by chairman Mark Lazarus, is expected to take the brunt of the layoffs. The unit was created in a reorganization designed to emphasize NBCU’s focus on streaming. It consolidated all NBCU English-language linear networks into one group, overseen by Frances Berwick on the business side and Susan Rovner on the programming side. (Rovner also oversees programming for streamer Peacock.)
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NBC is going through restructuring according to the release.
 
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