CBS News has disbanded its race and culture unit as part of sweeping layoffs at parent company Paramount Global that began on Wednesday. A former CBS News producer has accused the company of “race-based layoffs.” Mass Layoffs and Restructuring Last week, Paramount began laying off about 1,000 US-based workers, with plans to eliminate another 1,000 roles in the coming months. The 2,000 layoffs represent roughly 10% of the company’s global workforce. In a memo to employees, CEO David Ellison described the cuts as necessary to eliminate redundancies and “phase out roles that are no longer
Paramount Global is waiting for one last step before completing its sale to independent film and TV producer David Ellison’s Skydance Media. The Federal Communications Commission must approve the transfer of the company’s broadcast licenses, according to Bloomberg. The agency is concerned about news bias inside the media company, as well as the legality of its DEI efforts. Paramount’s merger with Skydance Media Paramount’s transfer to Skydance Media progressed after the media group settled Trump’s news-bias lawsuit against its CBS News division by agreeing to pay $16 million for his legal expenses and a donation
