CBS is also busy cutting costs. Its chief financial officer, Fredric Reynolds, said the media company plans to cut $220 million in employment costs at its ad- supported businesses in 2009.
Reynolds said the cost reduction would come from job cuts in the company's television, radio and billboard businesses.
http://money.cnn.com/news/newsfeeds/art ... RTUNE5.htm
CBS layoffs again
Moderators: Hoosier Daddy, The People's DJ, Arp2
-
Force Commander
- Member
- Posts: 707
- Joined: Wed Jul 25, 2007 11:19 am
CBS layoffs again
"We are the CC Borg. Lower your shields and surrender your broadcast stations. We will add your biological and creative distinctiveness to our own. Your broadcast personality will adapt to service us. Resistance is futile."
-
Greg Goodfellow
- Member
- Posts: 574
- Joined: Wed Mar 24, 2004 3:16 pm
- Location: Friendly, West Virginia...I kid you not
Re: CBS layoffs again
They might start with the news division, as it attracts the fewest eyeballs of all the nets.
"Television is a medium because anything well done is rare."
~ Fred Allen ~
“Radio is the theater of the mind; television is the theater of the mindless”-Steve Allen
~ Fred Allen ~
“Radio is the theater of the mind; television is the theater of the mindless”-Steve Allen