CBS News has hired a consulting firm to draw up plans for a corporate slimdown where an executive is the brother of the network’s cost-slashing co-president, The Post has learned.
As previously reported by The Post, Neeraj Khemlani joined CBS as co-president in May and quickly signaled he planned, which is owned by media giant ViacomCBS. Almost immediately after Khemlani took the reins, executives from the firm FTI Consulting were brought in, employees told The Post.
CBS News co-president Neeraj Khemlani came aboard CBS with a plan to cut costs. The news division hired his brother’s consulting firm, FTI, raising eyebrows at the network. Sources inside CBS told The Post they were questioning the hire of FTI because it is not known for media consulting like rivals McKinsey and Boston Consulting Group. According to its website, FTI hasn’t had any major TV clients recently outside of CBS.
FTI declined to comment specifically on CBS or any other clients, adding: “As a matter of policy, we do not comment on, confirm or deny client engagements or reports of client engagements.”
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