"Today we are reducing the size of our workforce. It's no secret that the news business is changing radically, and that we need to change along with it."
"Some parts of our newsroom must get smaller to make room for the things we must build to remain competitive."
"I can't stand up here and tell you that in a moment of incredible transformation that that's not going to mean transformation of our workforce."
"Weiss was tasked with overhauling a news network whose ratings have lagged behind rivals ABC and NBC for years."
CBS News is implementing job cuts as part of a strategy to adapt to the rapidly changing news landscape. Network president Tom Cibrowski and editor Bari Weiss communicated that some newsroom areas must shrink to allow for new developments. Weiss emphasized the need for CBS News to reinvent itself in the digital age, acknowledging that workforce transformation is necessary. The network has struggled with ratings compared to competitors ABC and NBC, prompting the need for an overhaul under Weiss's leadership.
Read at www.businessinsider.com
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