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NBCUniversal Cuts About 500 Employees [Less Than One Week After Election!]
LA Times ^ | November 12, 2012 | Meg James

Posted on 11/12/2012 9:06:06 PM PST by Steelfish

NBCUniversal Cuts About 500 Employees

NBC Studios in Burbank. Parent company NBCUniversal is cutting about 500 jobs By Meg James November 12, 2012

In a round of year-end belt tightening, NBCUniversal is cutting about 500 employees, or about 1.5% of its total workforce.

The cuts are distributed throughout the media company, which boasts nearly 30,000 employees, according to a person close to the situation who asked not to be identified discussing the sensitive topic.

Some of the layoffs have already occurred. Two months ago, "The Tonight Show with Jay Leno" eliminated about two dozen of its crew in an effort to reduce the late-night program's budget.

A large percentage of the cuts came from the tiny G4 cable channel, which celebrates video game culture. Last month, the channel canceled two of its signature and long-running shows, "Attack of the Show!" and "X-Play," leading to the departures of several dozen people.

Los Angeles-based Universal Pictures last month cut about 20 jobs, including in its home entertainment unit, which has seen lower revenue as part of an industrywide slowdown in DVD sales. Universal also decided to shutter its feature post sound studio after its staff completes work on current projects. The closure is expected to lead to the loss of another 20 people during the next year, a person familiar with the studio said.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: jobs; layoffs
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To: Steelfish

CRY ME A RIVER! I had my wages cut last year in anticipation of this. I got rid of TV, etc.


21 posted on 11/12/2012 11:33:38 PM PST by gattaca ("Great things can be accomplished if you don't care who gets the credit." Ronald Reagan)
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To: max americana
The unwatchable G4 dismembered and replaced the fantastic TechTV.

The TechTV programs were hosted by a number of lefties (Leo Laporte, Kevin Rose, et al) BUT they mostly left their politics behind the camera and focused on producing programs that improved the Tech knowledge of the viewers.

22 posted on 11/12/2012 11:52:20 PM PST by Prov1322 (Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
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To: Steelfish
Universal Studios' comedy skit lauds Obama, laughs at Romney ...
""Barack City, bitch, Barack City, bitch,” he rails. “Four more years in the White House, Mitt, " the Obama actor raps. " You don't know who you are screwing with. You got the tea parties, tea bagging on your head. Flip-flopping all night.""

23 posted on 11/13/2012 12:08:06 AM PST by wolficatZ (Traitors, every one of 'em.)
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To: Steelfish

I was trying to force a sympathetic tear drop, but I farted and woke up the Dog.

Ask me for money and my first question will be, who did you Vote for President?

Right answer - Romney, may garner a donation.

Wrong answer - Obama, Third Party, didn’t Vote, Write In, will garner a “go beg Obama for it Comrade”.


24 posted on 11/13/2012 12:31:29 AM PST by Kickass Conservative (Win or lose, Impeach Obama Ben Ghazi...)
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To: Steelfish

Is this just a leftist company cleaning out all the conservative employees?


25 posted on 11/13/2012 3:39:55 AM PST by chainsaw ("Two ways to conquer and enslave a nation. One is by the sword. The other is by Obama")
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To: Sequoyah101

Great post...thank you for taking a stand.


26 posted on 11/13/2012 3:48:08 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: ThunderSleeps

Maybe a little negative reinforcement will help them make better (ie. not Marxist/socialist/fascist) decisions in the future.

. . .

I’m not counting on it. There will ALWAYS be scapegoats for socialism’s failures.

It won’t be long before people are crying for Obama to DO SOMETHING! and PASS A LAW! And we’ll get more socialism.


27 posted on 11/13/2012 3:56:50 AM PST by Nickname
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To: Steelfish

Just the logic of Obama&Co at work it was expected,more to ensue.


28 posted on 11/13/2012 7:27:03 AM PST by Vaduz
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