Paramount Global has initiated a significant reduction in its workforce, laying off 800 employees across various brands, including CBS News, BET, Comedy Central, and Network 10. The layoffs at CBS News have been confirmed to affect roughly 20 individuals, including some from its D.C. bureau. This move comes despite CBS recently celebrating high Super Bowl ratings, with the event attracting 123 million viewers. The layoffs are part of Paramount's broader strategy to cut costs, which also impacts its Australian operations, including staff at Network 10. Among those laid off was a top CBS reporter known for critical coverage of President Biden, signaling the depth of the cutbacks.
Paramount slashes staff, jobs to go at Ten, @australian https://t.co/pj77YcVXE4
Top CBS reporter critical of Biden among 800 laid off in 'bloodbath'—‘To fire her is a sign they are about to burn down themselves' https://t.co/AhSfRlhg2p
Media Giant Paramount Global, Which Owns CBS News, To Cut 800 Jobs https://t.co/6n4NGTknAG https://t.co/ozOjHTttqc
Paramount Global — the owner of Network 10 — has announced that it will be axing Australian staff in a bid to cut costs, @australian. https://t.co/GPg1e0BUWb
LEGACY MEDIA IS DYING AS CBS LAYS OFF MORE STAFF Paramount slashed 800 jobs in their latest round of cuts, which includes several CBS journalists. The announcement came after CBS revealed the Super Bowl attracted 123 million viewers. Meanwhile, citizen journalism went from… https://t.co/HhnuXIdJKM https://t.co/KSJmI8AmTg
CBS News lays off 20 staffers as part of sweeping companywide layoffs. https://t.co/qMbuJ6Okrl
Bloodbath at Paramount claims 800 jobs including CBS News journalists embroiled in controversy https://t.co/La60zNNgz2 https://t.co/jD3WZ8cKJ8
How does CBS celebrate their big Super Bowl ratings? By laying off 800 of their employees. https://t.co/Hj2jcg16Ds
CBS News is not immune to the company wide layoffs that Paramount Global is commencing today. https://t.co/R5Nj0cbFeP
CBS News is being hit with layoffs today, according to people familiar. Roughly 20 people including some in its D.C. bureau.
Paramount Cuts 800 Employees. Still Unclear Which Brands—CBS, BET, Comedy Central—Will Be Hit https://t.co/XTLnAg8bmy https://t.co/9QY86aJC2g