Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions. Paramount’s linear broadcast and cable networks were hit hard,

A number of television executives have been affected by the major round of layoffs at Paramount, the first since the company was established by the $8.4 billion merger of Paramount Global and Skydance in August.

David Ellison's Paramount Skydance (PSKY) is slashing 2,000 jobs across the board starting Wednesday in what the chief executive of the media company calls "addressing redundancies." The layoffs, which will also impact the CBS News division,

The first major programming shift amid new leadership at CBS News is reportedly the cancellation of CBS Saturday Morning. The New York Post reported on Wednesday, October 29, that the network’s new editor-in-chief, Bari Weiss, is axing the program and its coanchors, Michelle Miller and Dana Jacobson.

Executives at CBS Entertainment, Paramount+, MTV, BET and more have been hit in Paramount's latest round of layoffs, TheWrap has learned. Those impacted thus far include Paramount Global Content Distribution head of marketing Teri Fleming,

Since the merger between Paramount and Skydance, the company is looking to reach its cost-cutting goals with employee layoffs.