CBS News will lay off about 6% of staffers, according to a person familiar with the matter, in the latest round of cost cutting under new management at Paramount Skydance.

CBS News is laying off about 6% of its workforce, with executives explaining the cuts as a difficult but necessary reallocation of newsroom resources.

While Weiss and Cibrowski did not mention the number of employees who will be let go in their memo, the number is reportedly around 6%, representing roughly 60 to 70 employees among a staff of 1,100.