Paramount to Lay off 2,000 Employees
Digest more
The newsroom downsizing comes as Paramount Skydance lays off 1,000 employees throughout the newly merged company
Paramount Skydance is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer.
Sources said CBS is also canceling “CBS Mornings Plus,” a show co-hosted by Adriana Diaz and Tony Dokoupil, who has been tipped as a leading candidate to host “CBS Evening News.” According to one source, Friday will be the last broadcast of the show.
Paramount’s cuts across the company hit CBS News on Wednesday, with the streaming editions of CBS Mornings and the CBS Evening News canceled, and CBS Saturday Morning in for an overhaul, according to a source familiar with the plans.