Archive · 6 Sep 2025
CNBC Plans Staff Reductions in International Operations
CNBC, a business TV network, is considering cutting jobs in its international team, particularly in its UK operation.
The company is in a consultation period, which means they are talking about the changes but haven't made a final decision yet.
They are looking at potentially reducing up to two dozen jobs in the digital editorial area.
This is separate from a larger change where CNBC and other NBCUniversal cable networks will become a new company called Versant, which is actually planning to hire staff.
Deep Bagchee, the current president of CNBC International, recently took over the role, and previously worked at ITV.
CNBC is consulting on proposed changes to its international team structure.
The potential downsizing could affect up to two dozen positions.
Editorial positions in the digital area are expected to be affected.
The streamlining is not directly related to the upcoming spin-off into Versant.
Deep Bagchee became president of CNBC International in 2024.
- Who
- CNBC is planning staff reductions.
- What
- CNBC is consulting on proposed changes to its international team structure that may result in job cuts.
- When
- The downsizing is in a consultation period, with no layoffs yet finalized.
- Where
- The staff reductions will occur in CNBC's UK-based international operations.
- Why
- CNBC aims to be best positioned to deliver on its long-term strategic priorities.
- Company
- CNBC
- Affected Roles
- Editorial positions in the digital area
- Location of Downsizing
- UK-based international operation
- Number of Positions Potentially Affected
- Up to two dozen
- New Stand-Alone Company
- Versant
- CNBC International President
- Deep Bagchee