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CNET Lays Off 120 Employees

Mar 27, 2008, 7:00 AM
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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

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