"The Big 12 may look back at this deal as necessary survival in a restructured college athletics landscape. Or it may look back at it as the moment it decided an energy drink was worth more than its soul."
Bari Weiss told employees that the cuts have "nothing to do with quality of your work" and "everything to do with the times we are living in. Parts of this newsroom need to get smaller for CBS News to remain competitive."
The ratings decline for the newscast comes after at least 11 producers took voluntary buyouts offered by CBS News' parent company -- Paramount Skydance -- in recent weeks.
"This opportunity is something I’m not taking for granted. It’s cliche, but it’s a lifelong dream of mine since I was old enough to realize what goals are."