Nexstar says it has acquired Tegna as state AGs push to block the merger
CBS News is shutting down CBS News Radio and laying off about 6% of its entire workforce, with executives explaining the cuts as a difficult but necessary reallocation of newsroom resources.
The news division currently has about 1,100 employees, so dozens will be departing as a result of Friday’s cutbacks.
It is the second round of layoffs at CBS News since David Ellison took control of Paramount last summer. And it represents the end of an era, since CBS News Radio has a 99-year history delivering up-to-the-minute headlines over the airwaves.
“CBS News Radio served as the foundation for everything we have built since 1927,” CBS News editor-in-chief Bari Weiss and president Tom Cibrowski acknowledged in a memo to staff Friday morning.
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