Some Companies Are Going UP... And Some Companies Are Going Down!!!!!!!

by **J The Kidd** Sun Oct 19, 2008 1:36 am

Expect some major layoffs at NBC!!

The company's head honcho, Jeff Zucker, has announced plans to to slice
$500 million in expenses, or 3 percent of the company's overall budget,
ahead of next year.

The cuts will affect all of NBC Universal's divisions, including the
flagship broadcast network, cable channels Bravo and USA and the
Universal film studio and theme parks.

Zucker is asking managers to look for ways to cut staff and other
costs, including travel, entertainment, promotional expenses and
outside consultants.

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