Cable Nets' Staffs Survive NBC U 2.0.(Brief article)
Multichannel News, October, 2006 by Reynolds, Mike
By Mike Reynolds Cable entertainment networks owned by NBC Universal likely will be immune to the layoffs that will ensue from the operational overhaul called NBCU 2.0 that the TV and entertainment company announced last week. NBC Universal said it will eliminate 5% of its global workforce as it tries to move more of its business into digital media.
The restructuring will include significant changes in its news operations, as it tries to cut $750 million in operating expenses by the end of 2007. But employees at USA Network, Sci Fi Channel and Bravo won't be receiving pink slips. "We don't expect any layoffs at the cable entertainment networks," said NBC Universal Cable Entertainment & Cross-Platform Strategy president Jeff Gaspin. He...
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