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Peacock Purge
Submitted by Benton Foundation on December 6, 2007 - 10:44am
Last updated: February 21, 2008 - 9:59am
Last updated: February 21, 2008 - 9:59am
PEACOCK PURGE
[SOURCE: New York Post, AUTHOR: Peter Lauria]
NBC boss Jeff Zucker is expected to make big cuts on the newsgathering and operational side of the company's news division, including eliminating an entire level of MSNBC's management team, in a bid to save between $20 million and $40 million. The cuts, which are expected to come down this week or next, will be weighted evenly between NBC News and MSNBC. CNBC staffers are being shielded from this round of cuts because Zucker wants the network to be at full strength now that the battle with Fox Business Network has begun.
http://www.nypost.com/seven/12062007/business/peacock_purge_42933.htm
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