The New York Times
Dozens of employees at CBS News were laid off in recent days amid a new round of budget cuts at the third-place network’s news division.
Some employees were reassigned and others were demoted in the process. Speaking on condition of anonymity because they feared further layoffs, CBS employees said the cuts affected network programs like “The Early Show” and “60 Minutes,” and its news-gathering bureaus. Only a handful of on-camera employees were affected.
CBS executives said reports that roughly 100 people were dismissed were inflated, but declined to say how many employees were affected. The news division, which loses money for its parent, the CBS Corporation, says it employs about 1,400 people.
Sean McManus, the president of CBS News and Sports, said of the cutbacks, “We’re doing what every other media company in the world has done.” More…