Age of Obama: NBCUniversal to Slash 500 Jobs

NBCUniversal, the corporation which routinely aids President Barack Obama via its news and entertainment channels, is prepping some pink slips.

The layoffs are part of a months-long concerted effort by parent Comcast to rein in costs by eliminating inefficiencies and duplications among staffs at various departments before year’s end, an insider confirmed.

For example, three weeks ago, NBCU’s G4 network canceled Attack of the Show! and X-Play, causing dozens of layoffs. Two months before that, about 20 people at The Tonight Show were let go.

The reduction won’t end until roughly 500 jobs are eliminated.