NBC Moves Forward with Job Cuts Television network NBC announced Sept. 17 that it plans to eliminate as many as 300 jobs, nearly 5 percent of the network’s 6,500 employees. All divisions will be affected by the cuts, though there was no word on how many jobs would be cut at the Burbank studio lot, where about 900 employees work. A memo from NBC President Robin Wright said the move is necessary due to increasing costs and competition, and the network needed to make the changes as part of its strategy to hold on to its No. 1 position among TV watchers. An analyst suggested that NBC, whose parent company is General Electric Co., is following the lead of other networks such as CBS, which also recently announced plans to cut as many as 300 jobs.
