CNBC.com has laid off barely greater than a dozen editorial staffers in its digital and video operations on Tuesday.

The cuts symbolize about 3 p.c of its U.S workforce, which lower than 20 workers. A number of the cuts have been reporters.

The enterprise information channel is lowering its total digital content material and protection in areas that aren’t core to its priorities and haven’t generated viewers development and income.  It plans to concentrate on its core strengths of enterprise information and private finance.

The corporate mentioned it’s nonetheless very dedicated to investing in its digital enterprise and that the layoffs will permit it to create a construction that’s sustainable.

In response to Semrush.com, CNBC.com had 153.6 million web page views in September, up 17 p.c from August. Greater than three-fourths of its site visitors comes from the US.