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.

The news division is also closing its bureau in South Africa, as every corner felt the impact of the larger Paramount cuts.

CBS News will overhaul its Saturday morning program as Paramount Skydance Corporation slashes about 1,000 jobs, according to reports. "CBS Saturday Morning" will undergo major changes as about 100 CBS News employees are laid off,

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,

Paramount Global announced a new wave of layoffs that struck senior staff at its flagship TV brands. The company says the cuts are part of a larger effort to tr

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.

The newsroom downsizing comes as Paramount Skydance lays off 1,000 employees throughout the newly merged company

Paramount Skydance is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer.