NBC Universal, Viacom Cutting 1,300 Jobs
By B&C Staff -- Broadcasting & Cable, 12/4/2008 7:00:00 PM
NBC Universal began laying off some 500 staffers, including several in NBC News, part of a restructuring that President/CEO Jeff Zucker outlined in an October memo.
According to reports, the cuts amount to 3% of the workforce and include NBC News Dallas-based correspondent Don Teague.
In October, Zucker told staffers the company planned to cut spending by $500 million, about 3% of the company’s budget.
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