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Revolving Door Newsletter: 12.05.08

Layoffs Come to NBCU, Viacom, Publishing Houses

December 5, 2008
The axe fell at NBC Universal with 500 layoffs underway, including 30 from its sales staff. Elsewhere, CNBC laid off as many as 55 staffers and put The Big Idea with Donny Deutsch on hiatus... One NBC U-er who might quit of his own accord is potential Senate candidate Chris Matthews, although some speculate that it's all a ploy for leverage in his salary negotiations... The long-anticipated cuts finally came to Viacom, with 850 losing their jobs. Some 300 of those were from MTV, and top managers won't receive salary increases... Veteran CNN correspondent Miles O'Brien Sign Up Now!