CNBC cuts some jobs in newsroom reorganization

The company says that fewer than a dozen roles were eliminated, with plans to hire 40 new roles over the next year

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CNBC is cutting some newsroom jobs in a reorganization meant to unify its digital and TV news operations.

Fewer than a dozen roles were impacted, with plans to ultimately hire more people to expand its TV and digital business. In other words, the changes are about structure, and not cost savings.

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