OLD Media Moves

Eight laid off from CNBC.com

November 14, 2014

Posted by Chris Roush

Linette Lopez and Julia LaRoche of Business Insider report that eight staffers have been laid off from CNBC.com.

Lopez and LaRoche write, “Brian Steel, a spokesman for CNBC, confirmed that there had been personnel changes at the company.

“‘The total bloodbath was unexpected,’ said one source close to the situation. ‘They pushed out a lot of loyal, very qualified people.’

“In other words, CNBC employees are just finding out about this as it happens. Those who were laid off were called into HR one by one.

“‘It was like watching people get executed,’ the source said.

Read more here.

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