News Brief

CNET Lays Off 120 Employees

CNET Networks Inc. says it is laying off 120 employees as part of an effort to streamline the online media company, according to The Associated Press.

All the layoffs--about 4.4 percent of CNET's workforce--will involve employees in the U.S., according to a document CNET filed Wednesday with the Securities and Exchange Commission.

Along with the technology news site CNET.com, the San Francisco-based company operates News.com, TV.com, GameSpot.com, Chow.com and BNet.com.

--Tanya Irwin

Tags: personnel
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