CBS News staffers to lose jobs as part of sweeping round of cuts from Paramount
Paramount to lay off about 1,000 staffers, including some in news, on Wednesday amid longer-term cost-cutting plan
For months, CBS News staffers have been on edge waiting for a long-expected round of layoffs as part of the $2bn in cost-cutting that had been promised after parent company Paramount’s successful merger with Skydance Media.
Those cuts began on Wednesday morning and are expected to affect fewer than 100 people. The company declined to provide a specific number.