Layoffs at CBS News: CBS News is...
From Times Staff and Wire reports
Layoffs at CBS News: CBS News is abolishing about 50 positions in a cost-cutting move. Some of the affected employees will be offered other jobs within the company, while a number have already left, a spokesman said. CBS News, which once employed more than 1,300, now numbers about 1,050. Middle East coverage will push the division about $25 million to $30 million over budget this year. The network this week is undergoing its annual budgeting process for the next fiscal year.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
