NBCUniversal Starts New Round of Layoffs Ahead of SpinCo Separation

NBCUniversal kicked off a new round of layoffs ahead of its separation of cable assets into a new company, known as SpinCo.
Deadline reported that dozens of workers across the Comcast-owned company’s TV and streaming divisions will be impacted, in cuts that are being described as “surgical” rather than the more “sweeping” layoffs that happened previously.
The cuts impact marketing and communications employees across NBC, cable networks and Peacock, as well as on the studio side. Some junior members of the programming team were also impacted.
Comcast first announced plans to separate its cable assets into a new publicly traded company last year. The publicly traded entity — which is expected to reach 70 million U.S. households and generate $7 billion in annual revenue — will house USA Network, CNBC, MSNBC, Oxygen, E!, Syfy and digital assets Fandango, Rotten Tomatoes, Golf Channel, GolfNow and SportsEngine. Notably, Bravo will remain a part of NBCUniversal.
Deadline reported that dozens of workers across the Comcast-owned company’s TV and streaming divisions will be impacted, in cuts that are being described as “surgical” rather than the more “sweeping” layoffs that happened previously.
The cuts impact marketing and communications employees across NBC, cable networks and Peacock, as well as on the studio side. Some junior members of the programming team were also impacted.
Comcast first announced plans to separate its cable assets into a new publicly traded company last year. The publicly traded entity — which is expected to reach 70 million U.S. households and generate $7 billion in annual revenue — will house USA Network, CNBC, MSNBC, Oxygen, E!, Syfy and digital assets Fandango, Rotten Tomatoes, Golf Channel, GolfNow and SportsEngine. Notably, Bravo will remain a part of NBCUniversal.
- 4/30/2025
- by Jose Alejandro Bastidas
- The Wrap
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