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NBC planning million-dollar cuts

December 6, 2007 by Veronica Villafañe

Jeff Zucker is expected to make big cuts in the company’s news division, including eliminating an entire level of MSNBC’s management team, in an effort to save $20 to $40 million dollars.

The New York Post reports the cuts at NBC are expected to come down this week or next and would be evenly weighted between NBC News and MSNBC. CNBC staffers won’t be affected during this round of cuts in order to better compete with the newly-launched Fox Business Network.

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Filed Under: TV & Radio

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here

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