CBS Interactive will cut headcount by 20% in almost all divisions, an employee source says. A CBS rep tells us that number is "not accurate," but refused to divulge any numbers.
Earlier, we'd reported that CBS (CBS) would today announce its merging the CBSNews.com and CNET newsrooms.
The employee source tells us: "HR is all over CNET here in NYC. People are packing their shit up. It's an ugly scene."