CBS News staffers to lose jobs as part of sweeping round of cuts from Paramount

Paramount will lay off about 1,000 staffers on Wednesday as part of a longer-term cost-cutting planFor 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 a significant number of news division employees, though probably less than 100 people. The company declined to provide a specific amount. Continue reading...