Layoffs have not stopped since the calendar turned to 2023 for media outlets. Nielsen recently announced its staff reduction, and now following the audience monitoring company are NBC News and MSNBC.
CNN’s Oliver Darcy reported on Thursday that layoffs are underway at the news channels. The media reporter added that he’s been told that approximately 75 staffers are being impacted (for context, about 3500 people work at both networks).
Other news companies have had to lay off staffers too. CNN was one of the most prominent news channels to see mass employees leave in 2022 after Warner Brothers Discovery took over and appointed Chris Licht as CEO. The latest round of CNN layoffs occurred just before the Christmas and New Year’s Day.
Meanwhile, the dismissals at Nielsen were due to the company wanting to reduce costs.
“As part of Nielsen’s reorganization and prioritization work that began in 2022, we announced a reduction in our global workforce today,” a Nielsen spokesperson said. “The total headcount after this reorganization will be roughly in line with where it was a year ago. In this effort, we are prioritizing investments in our panel, product quality, and technical innovation –the cornerstones of our brand. Nielsen is offering severance pay, outplacement services, health insurance, and full 2022 bonuses to those eligible to make this transition as smooth as possible.”
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.
