Los Angeles Times
By consolidating units of its cable and broadcast news divisions and cutting staff, NBC Universal hopes to free resources to devote to serving viewers who've embraced the Internet, write
Matea Gold and
Thomas S. Mulligan. "Although broadcast television networks have scaled back their news operations in recent years, particularly in foreign bureaus, they have largely avoided the kind of extensive layoffs that have plagued their print brethren," she writes.
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NBC will shed up to 700 jobs, slash $750M from its budget by '08 (WP)
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Virtually every corner of NBC News will be affected in some way (NYT)
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Some on-air correspondents will be let go, says NBC News chief (USAT)
