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. Paramount’s linear broadcast and cable networks were hit hard,

CEO David Ellison announces Paramount’s first 10% staff reduction post-merger, impacting hundreds across film, music, and news divisions.

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,

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.

AI-fueled content identification and monetization specialist Veritone Inc. has expanded its partnership with CBS News to include many of CBS Media Venture's entertainment properties, thanks to a new deal announced Tuesday.

Paramount's cuts across the company hit CBS News on Wednesday, with the streaming editions of CBS Mornings and the CBS Evening News canceled.

Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance Corporation, in August.