Paramount Layoffs Hit CBS News
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The influx in layoffs follows Skydance Media's $8 billion acquisition of Paramount in August, as CBS is one of the media company's subsidiaries. NPR previously reported that Skydance owner David Ellison and the company have expressed interest in shifting CBS News to produce apolitical content.
Emmy Award-winning CBS News Texas (KTVT) Dallas-Fort Worth evening anchor Nicole Baker was a part of the recent layoffs at Paramount and is leaving the station after three and a half years, she announced Thursday, Oct. 30, on Facebook.
Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.
Ellison has also made a play for Warner Bros. Discovery, which has rebuffed three offers from Paramount, The Wall Street Journal reported. Paramount made three offers for Warner in September for $19 a share and then $22, before raising it to $23.50.
Veteran anchor Gayle King may leave "CBS Mornings" amid a sweeping overhaul and layoffs after the controversial Paramount Skydance merger, according to reports. King is expected to leave the CBS weekday morning show as her contract approaches expiration in May 2026,
Gayle King has been the face of “CBS Mornings” for over a decade. However, she might not survive the network overhaul.
Following the hire of Weiss, CBS News had its first high-profile exit with John Dickerson, the co-anchor of the CBS Evening News, who announced that he will leave CBS News at the end of the year.
The newsroom downsizing comes as Paramount Skydance lays off 1,000 employees throughout the newly merged company