NBC Universal – To Cut About 450 Jobs

Comcast Corp. (CMCSA)’s NBC Universal is cutting about 450 jobs at several divisions of the broadcast, film and cable company, according to two people with knowledge of the situation.

The reductions, some of which have taken place already, amount to about 1.5 percent of NBC Universal’s 30,000 employees, according to the people, who weren’t authorized to discuss the matter publicly. Most of the cuts are in California.

NBC is eliminating jobs as cable and broadcast networks experience an industrywide advertising slowdown…

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via NBC Universal Said to Cut About 450 Jobs Across Its Units – Businessweek.