CBS begins layoffs

The New York Times reports that news operations at CBS stations in several cities started a series of job cuts this week even as the CBS News network moved ahead with plans to lay off about 1 percent of its nearly 1,200 employees.
Over the last several days, layoffs were ordered at local stations that CBS owns, including ones in New York, Chicago, Boston and San Francisco.
Dana McClintock, a spokesman for CBS, said the actions at the network and the local stations were not related. The moves are the latest in a wave of cuts at news operations in both television and print organizations.
Click here to read the full story.