Nexstar Media Group, which has been trimming staff at The CW in recent months, plans to expand those belt-tightening efforts by cutting 2% of its total workforce. The reductions are centered on the company’s local station portfolio,

The local TV giant looks to be strengthening its balance sheet in the face of a soft advertising market and losses at The CW that have narrowed in recent quarters.

After years of acquiring assets and programming, the largest independent television broadcaster in the United States is ready to make some cuts. This article, Nexstar readies plan to lay off broadcast TV,

Nexstar Media, which has built itself up in recent years with an acquisition spree that includes TV stations and the CW network, now has to make some trims. "Our broadcasting and sales divisions are streamlining their organizations to reduce our operating expenses and accelerate collaboration across the company,

Nexstar is making cuts to its broadcasting and sales divisions as it looks to reduce operating expenses and "accelerate collaboration across the company," TheWrap has learned. The media group controls 200 owned or partner stations in 116 U.