The NY Post is reporting that NBCU chief Jeff Zucker is planning substantial staffing cuts at NBC News and MSNBC “including eliminating an entire level of MSNBC’s management team, in a bid to save between $20 million and $40 million.” CNBC, with a new competitor in Fox Business, will be spared. A company insider told the NY Post that with NBC’s ratings decline, the writers strike, and an anticipated tough economy heading into ’08, “the pace and proportion of cuts may accelerate rather than wane after the current round is complete.” The news is expected to come down this week or next.
Update: Under 20 jobs will be cut, says Hollywood Reporter
