Workflow
NBC Sports Hub
icon
Search documents
NBC News makes tough decision affecting workers
Yahoo Finance· 2025-10-20 17:17
Core Points - NBC's news division is undergoing significant changes, including the spin-off of MSNBC and CNBC into a new entity called Versant Media Group, with MSNBC rebranding as MS NOW [1][2] - NBC News is reducing its workforce by laying off 150 employees, which constitutes approximately 7% of its total staff, while no anchors will be affected by these layoffs [3][5] - The company is encouraging some laid-off employees to apply for 140 open roles within its news operations, with a few eliminated positions being repurposed [4] - Despite the layoffs, NBC News is preparing to launch a subscription service and expand its Sports Hub, coinciding with major upcoming events like the Milan Olympics and the Super Bowl [6] - Comcast is set to report its Q3 earnings on October 30, with expectations of earnings at $1.10 per share and revenue of $31.7 billion, a decrease from the previous year's $32.07 billion [7]