CBS News will end radio service
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CBS News said Friday it will shut down its storied radio news service after nearly 100 years of operation, ending an era and blaming challenging economic times as the world moves on to digital sources and podcasts.
The editor-in-chief also announced a 6 percent staff reduction at the news network.
CBS News will lay off about 6% of its workforce in the latest move under new Editor-In-Chief Bari Weiss to revamp the network.
By Harshita Mary Varghese and Jaspreet Singh March 20 (Reuters) - CBS News will lay off about 6% of its workforce, a source familiar with the matter told Reuters, in the latest move under new Editor-in-Chief Bari Weiss to revamp the network and boost its ratings to catch up with rivals ABC and NBC.