Departure Day At CBS Radio News
The New York Post reports that several senior correspondents and executives were offered buy-outs in advance of CBS Radio’s imminent split from CBS Corporation. “They were offered targeted buy-outs to accomplish cuts,” a source told The Post. “They took a big haircut in the new Westwood deal, as expected.” These latest departures come less than a month after CBS News Vice President, Radio Harvey Nagler announced he would be retiring from the company. His last day is expected to be Jan. 6. Insiders are expecting more exits in the coming weeks.