CNBC Restructures Newsroom, Plans Paywall, and Cuts Nearly a Dozen Jobs

CNBC is restructuring its newsroom to unify its television and digital news operations, leading to nearly a dozen job cuts, including the departure of website managing editor Jeff McCracken. This overhaul, led by Editor-in-Chief David Cho, accompanies plans to introduce a paywall on CNBC's website. Sources indicate the layoffs are not primarily cost-cutting, as the network intends to add around 40 roles in the coming year. The changes follow Versant Media's recent spin-off from Comcast.