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The latest wave of layoffs at NBCUniversal begins today, with around 5% of employees in the business division led by Frances Berwick from its TV and Streaming division about to leave.
Deadline, which revealed last month that layoffs were coming in mid-November, understands that’s less than 100 employees.
The layoffs are part of larger cuts in the Comcast-owned company, which is expected to cut about 10% of its total workforce of 35,000.
The move comes after a major restructuring that led to the formation of NBCUniversal’s Television and Streaming unit, led by Mark Lazarus, bringing together its broadcast network, cable portfolio and Peacock streaming service under one roof.
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The employees are supposed to find out this morning.
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Berwick, who established his leadership team in September after being promoted to President, Entertainment Networks, NBCU Television & Streaming, has operational oversight of all networks and daylight hours and is responsible for command and ” content acquisition on the platforms as well as the implementation of windowing and scheduling strategies on NBC broadcast networks and cable channels.
The next wave of layoffs is expected to hit the programming side of the company, which is led by Susan Rovner, who recently left Warner Bros. Television to become president, Entertainment Content, NBCU Television & Streaming. Rovner established her leadership team on Tuesday, with the appointment of Lisa Katz as president of scripted content, and split the unscripted unit of the division in half.
These reductions should be made early next year.
This all comes against the backdrop of broader cuts that have already been implemented in divisions such as the Spanish-speaking network Telemundo, its regional sports networks and theme parks.
NBCU CEO Jeff Shell, speaking on the company’s third quarter earnings call, said the company was “through executing most of our restructuring.
“There are about a third of [the cuts] in this quarter, and then in the middle of next year, we’re sort of through the majority of them and they’re designed for two things, ”he said. “First, we have an obligation, as our revenues decline, to adjust our cost base, which I am proud our team is doing across our business. But more importantly, we really realigned our TV organization under Mark Lazarus. It was in the television world, you were very vertically oriented by the network and you were like, “I need to show during this time to go out and get a show for this time. We have realigned ourselves in a spectacular fashion. “
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