Cable Nets' Staffs Survive NBC U 2.0

Reynolds, Mike
October 2006
Multichannel News;10/23/2006, Vol. 27 Issue 42, p4
The article reports on the announcement by NBC Universal which owns cable entertainment networks, that it will eliminate 5 percent of its global workforce. The restructuring will include considerable changes in its news operations as the firm is trying to cut $750 million in operating expenses by the end of 2007. However, the Jeff Gaspin, NBC Universal Cable Entertainment & Cross Platform Strategy president, has said that there will be no layoffs at the cable entertainment networks.


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