Paul Tharp of the New York Post reports Thursday that job cuts at business news network CNBC could begin today.
“Up until now, CNBC has been spared cost-cutting efforts conducted by NBC, which announced a plan to trim $500 million in costs in October. At the time, NBCU President and CEO Jeff Zucker called for a 3 percent cut in expenses across departments.
“A CNBC spokesperson declined comment.”
Read more here.
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