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Jeff Shell Mark Lazarus 2020 Inside CEO Jeff Shell Mark Lazarus

NBCUniversal Sees Scattered Layoffs In Certain Divisions

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deadline.com
deadline.comdeadline.com:

NBCUniversal is experiencing scattered layoffs in select divisions as the belt-tightening outlined in 2022 starts to take effect.

Insiders disputed early accounts of the reductions being widespread and amounting to hundreds of positions. Instead, the tally is more in the dozens and does not involve every division.

One additional element is the company’s voluntary retirement program process, which business units are factoring into their assessment of operations heading into 2023.

The reductions come as media and tech companies confront a daunting economic landscape and general softness in the advertising market.

Read more on deadline.com
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Jeff Shell Mark Lazarus 2020 Inside CEO
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