Here's what we know so far:

• NBC Universal wants to save itself $750 million.

• Up to five percent of NBC's staff will be slashed, which means up to 800 jobs over the next 12 months. Buyouts will be offered initially. Some jobs will be lost this year, but most in '07.

• MSNBC will ditch Secaucus for 30 Rock in Manhattan and share CNBC's outpost in Englewood Cliffs, a transition that will take place over the next year. A CNBC insider says they are, as you would imagine, "less than pleased."

• Duplicate staff positions, like bookers and graphic designers, as well as lowly PAs, will be consolidated at 30 Rock. MSNBC staffers will likely go before their NBC counterparts, we're informed.

• There is no definite plan to merge CNBC into the NBC fold. Rumors claiming as much are being denied internally. Chris Matthews and Keith Olbermann, however, may jump to CNBC as MSNBC transitions further to taped programming.

• 220 of the jobs will comes from the NBC News division, mostly in production.

• The Today show is also expected to see staff slashings. We initially heard numbers in the 20-40 range; one source "would be surprised if the number were more than 10."

• NBC chief Jeff Zucker says he'll cut down on scripted TV programming, as it's too expensive and advertisers aren't interested.

• Jeff Zucker is expected to hang on to his job. Dan Abrams, too, we're told.