September 18, 1998 |
NBC confirmed that the network, owned by General Electric Co., plans to eliminate as many as 300 jobs, or 5% of its work force, to cut costs. NBC now has about 6,500 employees. Cuts will be made "across the board," though nonprogramming divisions, such as finance and other back-office functions, will be hit harder, said spokeswoman Cassie Kantor, who declined to comment on how much the reductions are expected to save the network.
May 16, 1991 |
Joan Snyder is packing up 29 years' worth of memories at CBS News. Reporter's spiral notebooks, old photos (a dark-haired Snyder on assignment in a 1960s miniskirt), letters from viewers on stories that affected their lives--it all spills out of drawers into cardboard boxes in an oddly quiet corridor of offices at CBS' "Sunday Morning." "This whole place feels quiet," said Snyder, who has worked as a producer for "Sunday Morning" since 1987.
January 18, 2001 |
CNN said it will lay off nearly 10% of its 4,350 employees and centralize its news- gathering system in a bid to revitalize the 21-year-old cable news network at a time of declining ratings and intense new competition. CNN also named new executives to head three struggling spinoff cable networks. The moves, which will tie CNN's television operations more closely to its Internet sites, had been anticipated since last week's acquisition of CNN parent Time Warner by America Online.
January 13, 2001 |
The softer advertising environment is taking its toll on some of America's major television networks, with layoffs and hiring freezes at some top TV companies growing. U.S. television network NBC, home of top-ranked TV shows such as "Friends" and "Frasier," said Friday it will lay off 280 to 560 people, or 5% to 10% of its 5,600 workers, in the quarter as it seeks to cut costs in the wake of a slowing economy, which has hurt advertising demand.