NBC WORKERS GET THE AX NETWORK CUTS NEARLY 50 ENTERTAINMENT JOBS.Byline: Jesse Hiestand Staff Writer BURBANK - Carrying out previously announced cost-cutting, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. laid off nearly 50 people in its entertainment divisions Thursday but said no further reductions in its work force are anticipated. The network Thursday also cut 19 jobs at is financial cable channel CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. and an additional 26 jobs at online partner, CNBC.com. While the entertainment division cuts represented about 8 percent of the 600 people that worked in the network's entertainment, studio and syndication See syndication format. units, most of those affected worked on the West Coast, mainly in Burbank, officials said. An undisclosed number of unfilled jobs were also eliminated. Few of the reductions involved production staff at NBC Studios
NBC Studios , which makes such shows as ``Will & Grace,'' or employees that develop and schedule the programs at NBC Entertainment, said National Broadcasting Company Noun 1. broadcasting company - a company that manages tv or radio stations company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" Inc. spokeswoman Rebecca Marks. ``The viewer will not see any difference on the air,'' Marks said. ``They're never going to make a decision that is going to impact the quality of the shows.'' Most of those affected worked in on-air promotion, marketing, publicity and finance at NBC Entertainment, reflecting the network's plan to trim 5 percent to 10 percent of its work force to off set declining advertising revenue brought on by a weaker economy. Plans for these reductions were announced in mid-January. ``If they're cutting promotional staff part of what that might mean is they're going to slow down on the number of in-house promotions for their own shows,'' said television industry analyst Derek Baine of Paul Kagen & Associates in Carmel, Calif. That would save costs internally and let the network try to squeeze additional revenue out of the freed-up air time, he said. At the same time, NBC cannot afford to cut too deeply into its production business. ``They've got to maintain their hit shows so they can stop losing viewers to cable,'' which would further erode Erode (ĕrōd`), city (1991 urban agglomeration pop. 361,755), Tamil Nadu state, S India, on the Kaveri River. The city is located in a cotton-growing region, and its industries include cotton ginning and the manufacture of transport equipment. advertising dollars, Baine said. A few of the layoffs were at NBC Studios, which produces shows and movies of the week for the network, owned by General Electric Co. Some jobs were also trimmed at NBC Enterprises, the syndication arm of the network. Other divisions of NBC have already been hit, including the news division of its owned-and-operated station in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , KNBC KNBC Kings Norton Bowling Club (Channel 4). In the past two weeks, two reporters, an anchor and a helicopter pilot-reporter have been either let go or told their contract will not be renewed. Several editing and other staff jobs have also been cut at the station. |
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