Over at NBCU, Semafor’s Maxwell Tani reports that the news division and CNBC saw layoffs this week. A CNBC representative tells TVNewser that the number of layoffs was constricted to “single digits” and were part of a natural realignment aimed at focusing on business priorities while investing and hiring in areas that offered continued growth.
A few people tell me the NBCU cuts are a bit more pronounced than what I described yesterday. At CNBC, the layoffs include producers, video and graphics staff, as well as employees on market research and marketing.
— Max Tani (@maxwelltani) October 16, 2024
Growth Opportunities: Sticking with CNBC, the network announced the new weekend show Millennial Money, which sprouted from its personal finance digital platform, Make It. The digital video series graduates to CNBC’s weekend lineup on Sundays at 5 p.m. ET and will be hosted by Ashton Jackson. “Chances are, you’re probably curious about how much money people make in a certain field or how much other people are dedicating to their savings—you just don’t know how to ask,” Jackson wrote in a social media post teasing the new show.