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NBC Universal lays off Oxygen employees

BURBANK , Calif., Dec. 4 (UPI) -- NBC Universal reportedly has laid off 65 of Oxygen Media's 260 employees in its takeover of the female-friendly network.

The layoffs affect all departments of Oxygen and include people at the vice-president level, Variety.com reported Tuesday.

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"We have consolidated functions and operations, resulting in job impact," J.B. Perrette, president of distribution for NBC Universal, said in a statement.

Those made redundant are expected to stay on until the end of the year.

Perrette said the conglomerate will offer some of the workers "opportunities within NBC U where available" and those who leave will not only be paid until the end of the year, but get "enhanced severance packages and outplacement services."

NBC Universal paid $925 million for Oxygen Media two months ago, Variety.com said.

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