By Ted Johnson CBSViacom’s layoffs this week also impacted CBS News and CBS-owned affiliates, the latest fallout to hit news media amid the coronavirus pandemic.
The layoffs were said to make up a single digit percentage of the news division — reportedly 5%, or around 75 employees. They follow recent staff cuts at outlets such as The Atlantic, BuzzFeed and Vox Media.
CBS News president Susan Zirinsky wrote in a memo on Wednesday that “no one could have foreseen the economic fallout from the pandemic coming on top of the cost savings initiatives already underway from the merger of CBS and Viacom.
As a result, we have scrutinized our entire business model, our budgets, and what we learned in news gathering during the last months.
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