Similarly, the successful website for CNBC has only a minor stake in NBCi. Internet cutbacks NBC has been trimming its workforce over the past nine months from 850 last August to the current 300. NBC has not been alone. At the beginning of this year, News Corp decided to shut down its US online division and axe more than 200 jobs, in an effort to save money. Similarly, the media and entertainment company Walt Disney has laid off 535 workers from its Walt Disney Internet Group over the course of the year.
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