CNBC also to fire employees? | Startup Meme - Technology Startup and Latest Tech News

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Dec 4 2008

CNBC also to fire employees?

Shoaib Hashmi 

CNBC_NBCU

According to the New York Post, CNBC might be affected by NBC’s cost cutting move. The company may have to lay off around 80 employees. NBC earlier announced a plan to cut costs up to $500 million in October. Also at that time NBC Universal’s CEO Jeff Zucker asked all departments to make 3% cut in expenses. There is still no word from the company on this matter.

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