Back to today’s briefing

Story perspectives

CNBC Restructures Newsroom, Announces Layoffs Amid Overhaul

2/27/2026

50 6 Full Breakdown

Summary

Story summary

CNBC is restructuring its newsroom to integrate TV and digital operations, resulting in nearly a dozen layoffs including managing editor Jeff McCracken.
The overhaul, led by Editor-in-Chief David Cho, aims to prepare for a website paywall and to add over 40 editorial roles next year.
The layoffs follow Versant Media being spun off from Comcast, and its shares have declined over 30% since listing on Nasdaq in January.

1 of 1

Story summary

CNBC is restructuring its newsroom to integrate TV and digital operations, resulting in nearly a dozen layoffs including managing editor Jeff McCracken.
The overhaul, led by Editor-in-Chief David Cho, aims to prepare for a website paywall and to add over 40 editorial roles next year.
The layoffs follow Versant Media being spun off from Comcast, and its shares have declined over 30% since listing on Nasdaq in January.