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NBC News, Ad Sales Face Cuts

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NBC News and NBC ad sales are the among the latest victims of NBC Universal's previously announced layoffs and cost reductions.

About 30 layoffs in the ad sales department began this week. Sources said more cuts had been made in the news division already and that more likely were to happen todayThursday. The cuts, which are worldwide, are being done in addition to buyouts, attrition, early retirement and jobs around the company not being filled. Offices affected included New York and Los Angeles. The notifications will finish early next week.

It wasn't immediately clear whether those cuts or buyouts would involve on-air or key behind-the-scenes people. The total number couldn't be immediately determined, though it was believed to be much smaller than previous job losses.

Read the whole story at Hollywood Reporter