
EXCLUSIVE UPDATED: It seems like there is another wave of belt-tightening at NBCUniversal. I hear the company has been imposing layoffs across the various TV divisions of the company. The layoffs started two weeks ago with Los Angeles-based personnel, with New York-based employees getting pink slips today. (NBCU’s LA-based film studio, Universal Pictures, also was hit with layoffs about two weeks ago, when it let go of 25 employees.) I hear the cuts, which don’t appear to be very deep, are the result of a corporate decision and virtually all networks are affected to some extent including NBC; Syfy; USA; G4, which recently cancelled two long-running shows, E! and Bravo. At some networks, the layoffs involve as few as a handful of employees.
I hear the movie and TV layoffs are part of a company-wide headcount reduction, which is affecting about 1.5% of NBCU’s 30,000 workforce (as many as 500 employees). I’ve learned that the individual divisions were not given a target number of layoffs they had to hit but rather asked to eliminate any inefficiencies and overlap as year’s end nears.
NBCU already underwent a round of cost-cutting following the Comcast merger. The trimming has continued quietly behind the scenes, occasionally bubbling over, like the recent budget cut on NBC’s The Tonight Show, which I hear was one of the first major moves in the current wave of cost-cutting. The news comes as NBC is making inroads this fall, climbing from fourth to first place in the ratings. I’ve learned that NBC’s layoffs do not affect its creative departments. Reps for NBCU declined comment.
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And the network still sucks!
Maybe the “TALENT” should take some pay cuts to help the little guy.
How about cutting Matt Lauer’s outrageous salary in half? He’s not worth that money the ratings for Today are continuing the downward slide. Then cut Lorne Michaels’ salary and also cut the budget of SNL the same way they cut the Tonight Show budget.
Cuts should be across the board for every show nothing and nobody should be immune from this. If they are serious about it they have to make the cuts painful for every single employee from the very top to the very bottom.
Perhaps if Universal hadn’t wasted so much money on Battleship these cuts wouldn’t be necessary now. Comcast should clean house at Universal it’s overdue.
How much money did Greenblatt spend on expensive pilots for NBC that went nowhere? Come on Comcast get serious and be fair about this it’s the only way to make cuts.
Cut Lorne Michaels budget and I am sure that Nikki will die from laughter as he makes his cuts on Saturday Night Live. I am sure that the new opening line will be “Taped from Central Park, this is Wednesday Afternoon.”
How about just cutting Matt Lauer?
You can make all the cuts you want but if a network still sucks as bad as NBC does, it won’t help matters any UNLESS they bring in people with fresher ideas and concepts that will help elevate the network into a better position and reality shows can only do so much. Too much over-exposure of them as of late and that is a danger sign for them. Telegedy should be the first to go and anyone else associated with the previous Zucker regime.
Those of us who remember SNL’s first season recall that the show had a minimal budget. Sets were basic (sometimes nothing more than a chair against a black backdrop) but what money there was went to the talent, both on air and creative. That first season proved a show could succeed based on, you know, content, not just throwing money at something.
Let NBC try that, if the Kabletown suits will allow it.
Why do these corporate fat cats hate the middle class.
Get rid of MSNBC the worse news channel on cable.
It’s a sign of a bad economy. I went to Universla Studio back in 1976 and gave a good film demo. I was planning to send them an audition tape to portray President Kennedy in the Bay Of Pigs. but I think it would more than likely be a waste of time for now. Too bad that it has had to come to that. I ALSO have a couple documentary films to send to the Studios but I might have to put that on hold for now.Bobby McGee
Cuts include USA Network? How does that happen? That is the ONLY cable network in your NBCU collection that is profitable. Comcast and NBCU upper management should maybe not receive bonuses this year??? That would probably save a heck of lot of jobs that people need to keep. We did just have Hurricane Sandy wreck the lives of so many in the northeast for God’s sake.
I work at NBCU – TV divisions are NOT the only ones with layoffs – I know people in IT and Production Services (some with no direct relation to TV) who have also lost their jobs.
America, your priorities are backward. You pay on air personality millions while you cut the jobs of the little guy. #Greed? #Inequality?