NBC News cuts 7% of staff as it prepares to separate from MSNBC and CNBC. Read the memo to employees.

Source: Business Insider

NBC News is cutting staff ahead of its separation from cable brethren MSNBC and CNBC. GHI-Plexi Images/UCG/Universal Images Group via Getty ImagesNBC News is cutting 7% of staff as it prepares to operate separately from MSNBC and CNBC. Comcast's NBCUniversal is spinning off some networks into a new company, Versant, as cable TV declines.