Word of the layoffs had first surfaced the previous Friday afternoon in the L.A. Times. Over the weekend, CBS staffers vacillated between acceptance of the situation and cautious optimism. Maybe it wouldn’t be as bad as reported? After all, the company was already lean. Where would top brass find 100 or so people to let go? Perhaps there was some stash of employees hidden on the digital side, some long-forgotten deal between, say, 60 Minutes and Yahoo, that would provide some bodies to lessen the blow?
TVNL Comment: As reported by Drudge: Couric, the highest paid TV news personality in history, commands over $14 million a year, plus bumps for non-EVENING NEWS appearances. - But her salary is now in the direct line of fire, network insiders explain, and a populist backlash against Couric's cash is said to be forming inside the newsroom. - "She makes enough to pay 200 news reporters $75,000 a year!" demands a veteran producer. "It's complete insanity." - The angry source continues: "We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. Well, look at Katie!"
CBS News said Friday it will shut down its storied radio news service after nearly 100...
