The nonprofit media organization, which has a staff of about 1,100 people, said the layoffs were required because of a slowdown in advertising and a drop in corporate sponsorships.
A Texas entrepreneur, he co-founded the media giant Clear Channel, owned pro sports teams and created more than 400 businesses in a variety of industries.
The move came as part of cost-cutting measures under which the news service is also ending its radio programming in 10 other languages, including Persian, Chinese and Hindi.
Late-night radio listeners in Hong Kong associated Mr. Cordeiro’s sonorous voice with easy-listening standards and early rock. He worked until he was 96.