CNBC lays off 15% of staff
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Keeping in line with cuts throughout NBC, CNBC laid off about 15% of its staff.
The big slice came out of CNBC.com, which fired 26% of its 100 employees. That follows a plan to consolidation of CNBC.com into the core cable network. CNBC.com had been treated as a distinct business unit but will now be recrafted to more directly support the main financial news network.
The CNBC network trimmed its staff by 4% from about 520 workers to 500. Further, a number of freelancers and part-time workers are being let go. - John Higgins
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