NBC Cuts 500, Starting With News (GE)

Layoffs at NBC Universal (GE), TV Newser reports:

TVNewser has learned NBC Universal will be cutting up to 500 jobs in a round of layoffs which are now underway at all levels of the company — television, film and parks. That amounts to about 3% of the workforce. An insider with knowledge of the situation says the cuts are expected to continue into next week.

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