Location: New York, NY, USA.
Based on news reporting.
Paramount Global has reportedly canceled 'CBS Saturday Morning' as part of a series of layoffs affecting the company. While specific numbers of employees laid off were not disclosed, the cancellation of this program indicates a significant restructuring within the organization. The decision comes amid broader challenges faced by Paramount, reflecting ongoing shifts in the media landscape. The layoffs are part of a strategic move to streamline operations and adapt to changing viewer habits. Further details on the exact number of affected employees remain unavailable.
Paramount Global cut 3,000 jobs as of October 1, 2023.
That is roughly 13.7% of the 21,900 people Paramount Global employs.
LayoffTalk has tracked 46 layoff events at Paramount Global since October 2023, affecting a combined 11,649 employees.
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