NBCUniversal is cutting a few hundred global streaming tech employees

NBCUniversal is laying off a few hundred employees in its global streaming technology group, which includes engineering and quality assurance teams. Most of the cuts are at Sky, Comcast's European media arm, though some US-based workers will also be affected. The layoffs come as Comcast prepares to spin off NBCU, including its streamers and studio, from its cable and internet businesses next summer. Traditional media companies are cutting costs amid pressure from Wall Street and increasing competition.

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