Breaking News: Layoffs At CBSNews.com

A busy holiday week at CBSNews.com. A source informs us that five people have been laid off at CBSNews.com. ”It’s a bloodbath. At least 5 so far,” says an insider. That number has been increasing all afternoon.

Update: Rachel Sklar of Huffington Post reports that 7 employees have been confirmed fired, 20 are estimated altogether.

Update: Dana McClintock of CBS Interactive emails FishbowlNY, ”During 2007, CBS Interactive acquired three companies, invested in 11 more, and grew its workforce by hundreds of employees, including the formation of a new senior management team …”

More after the jump

”Along with the core success of CBSsports.com,

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