Paramount Implements Major Restructuring, Cuts 1,000 Jobs Across Networks
TL;DR Summary
Paramount has announced its first major layoffs following its merger with Skydance, affecting around 1,000 employees across CBS, Paramount+, MTV, and other networks, with further layoffs expected. The cuts target various departments including marketing, communications, and programming, and reflect a restructuring effort to focus on long-term growth.
- Paramount TV Layoffs Hit CBS Entertainment, Paramount+, MTV, and More Variety
- Paramount Layoffs Begin: David Ellison Tells Staff Restructuring Required to Address “Evolving Priorities” The Hollywood Reporter
- CBS News staffers lose jobs in ‘bloodbath’ as part of sweeping cuts from Paramount The Guardian
- Paramount lays off 1,000 workers in first round of cuts Los Angeles Times
- Exclusive | 'CBS Saturday Morning' co-hosts out as network blows up 28-year-old show: sources New York Post
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