NBC News to lay off London bureau staff ahead of divorce from MSNBC, CNBC: report

NBC News has started the process of laying off staffers from its London bureau — the latest sign that the restructuring before its divorce from sister cable channels MSNBC and CNBC is moving apace, according to a report.The Peacock Network’s news division has initiated a so-called “consultation phase” — a legally mandated procedure in the UK that is required before a company can cut staff, according to the Status newsletter.The move, a first step toward eventually laying off employees, is being widely inter ...