CBS cuts online jobs - TvTechnology

CBS cuts online jobs

Up to 30 percent of the network’s online division is being laid off.
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There are reports of a major staffing cutback at CBSNews.com and CBS.com, with paidContent reporting that up to 30 percent of the network’s digital employees are being laid off. According to HuffingtonPost, there may have been as many as 20 people fired on Friday.

An official statement from CBS said:

“During 2007, CBS Interactive acquired three companies, invested in 11 more, and grew its workforce by hundreds of employees, including the formation of a new senior management team. Along with the core success of CBSsports.com, new online sites from Last.fm to Dotspotter have infused invaluable DNA into the division, and are actively translating their experience in community-building to all of the Company’s properties and content.”

“In the coming year, we intend to build on our success by expanding on that strategy of building communities online. Part of achieving this goal is reorganizing the way we do business to align the division’s workforce with our new vision, including increasing our operations in the Bay Area — the heart of so much of this activity. We’re confident that CBS Interactive’s focus on consumer involvement will help the Division experience another record year of growth in ‘08 and beyond.”