Discussions began this week regarding cost-cutting measures,
including layoffs, according to the report.
Along with its industry peers, NBCUniversal is taking a
financial hit from the coronavirus outbreak which has shuttered
movie theaters and theme parks. The company has temporarily
closed its theme parks and suspended its sports productions and
most of its film and TV production.
Although all divisions are being looked at, some areas likely to
be under a microscope at NBCUniversal are the theme-parks
division and Universal Pictures, the WSJ reported.
NBCUniversal declined to comment on the report.
The company, which reported its results earlier this week, said
its quarterly revenue at the filmed entertainment unit fell
22.5% this quarter from a year earlier, while revenue at theme
parks fell 31.9%.
Last month, Walt Disney Co <DIS.N> said it will start furloughs
of non-essential U.S. employees across the company.
(Reporting by Shanti S Nair, Maria Ponnezhath and Aakriti Bhalla
in Bengaluru; Editing by Sandra Maler and Stephen Coates)
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