CLAIM: CBS staffers in a panic over call for $100M in cuts

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BY TEAM DML / MARCH 12, 2019 /

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CBS’ renewed call for $100 million in cuts has staffers of the broadcast company — which is still reeling from a series of sexual harassment scandals — in a tizzy over who’s in and who’s out, The Post has learned.

“We are reorganizing and thinking about functions that go across multiple divisions,” interim CEO Joe Ianniello told analysts at Deutsche Bank Media and Telecom conference in Palm Beach, Fla., on Tuesday. “We expect to … get $100 million in cost savings,” he said.

The article goes on to state the following:

That had staffers of CBS’ news division questioning who might be on the chopping block, especially as ratings for its morning and nightly news shows fall — and as Gayle King of “CBS This Morning” is reported to be looking to at least double her $6 million salary.

“Gayle is looking for $10 million more? Bodies will have to roll,” one well-placed source told The Post.

“Their morning show hasn’t had an executive producer for two and half months,” this person said. “Meanwhile, the evening news team thinks they are all fired.”

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