CBS News trims staff ahead of expected mass – Business News
CBS News quietly slashed three high-level positions ahead of a main spherical of layoffs throughout guardian company Paramount Global that’s expected to kick off this summer season, The Post has realized.
The embattled Tiffany Network — which has seen scores plunge at its morning show and night information program, and is being sued by President Trump for $20 billion over the controversial “60 Minutes” interview with Kamala Harris — fired two CBS News bureau chiefs and a senior govt on Wednesday, sources stated.
Andre Rodriguez, the NYC-based North Bureau Chief, and Maryhelen Campa, the Southern Region Bureau Chief, had been let go, in line with the insiders.
CBS News is quietly slashing jobs ahead of bigger cuts at Paramount Global, that are expected this summer season. AP
Both had spent 20 years on the company.
Chad Cross, senior vice president of the Beats & Enterprise unit, was additionally canned, the sources added.
He joined CBS News in 2022.
“It’s a streamlining move,” a source close to the state of affairs stated.
The cuts are being described internally as “organizational changes to centralize the internal newsgathering process” — and “not an indication of something bigger,” the source added.
Another CBS insider stated the community has “no fat left to cut.”
“If someone calls in sick, everyone feels it,” the individual added.
CBS News declined to remark.
George Cheeks, co-CEO of Paramount Global and CEO of CBS, helps negotiate a legal settlement with Trump because the company’s controlling sharholder Shari Redstone is pushing for a decision Variety by way of Getty Images
The cuts come amid a report by the Wall Street Journal late Wednesday that Paramount will start slashing jobs as early as subsequent month in a bid because it awaits approval of the long-stalled $8 billion Skydance merger.
The mass layoffs would comply with final 12 months’s brutal massacre through which Paramount laid off 1000’s of staff as half of a $500 million value reducing plan.
Paramount, which additionally operates its namesake Hollywood studio, MTV and Showtime, has confronted hurdles to close the Skydance deal from President Trump and the Federal Communications Commission.
Currently, Paramount is in talks with Trump’s legal professionals over his $20 billion lawsuit over “60 Minutes’” enhancing of its sit-down with former Vice President Kamala Harris.
Trump’s FCC chair Brendan Carr can be trying into the matter.
Skydance and Paramount are hoping to close its $8 billion merger, however the deal is dealing with hurdles from President Trump and the FCC. Bloomberg by way of Getty Images
The Journal additionally reported that George Cheeks, co-CEO of Paramount Global and CEO of CBS, helps negotiate the settlement because the company’s controlling shareholder Shari Redstone pushes for a decision. Cheeks is expected to land a prime job as soon as Skydance closes the deal, The Post reported in March.
Trump is reportedly in search of $100 million to settle the lawsuit — a lot more than what Paramount is keen to fork over.
As beforehand reported by The Post, Paramount is hoping to accept between $15 million and $25 million — which is what Trump accepted to lately settle lawsuits towards Disney’s ABC and Meta, respectively.
