Not even those reporting on the nation’s massive layoffs are immune from them.

Today, NBC Universal continued the downsizing of its worldwide workforce. Hoping to reduce its upcoming budget by $500 million, the company began laying off approximately 500 staff members - including people from the NBC News division - earlier this week. That number equates to approximately 3% of the total corporation. Sources claim that several correspondents have been cut while Donny Deutsch’s CNBC Show, The Big Idea, has been put on hiatus. (Apparently it’s getting harder to find successful entrepreneur stories at this time.)

Meanwhile, Variety reports that 300 staffers from MTV Networks and 100 employees from Paramount also became casualties of the economic downturn.