CBS News staffers lose jobs in ‘blood bath’ as part of sweeping cuts from Paramount

CBS News staffers are facing significant job losses as part of a sweeping layoff plan by parent company Paramount, which is cutting about 1,000 positions across its organization. This move comes after a merger with Skydance Media and is part of a broader $2 billion cost-cutting strategy. The layoffs have created a tense atmosphere among employees, many of whom have been anxiously awaiting the announcement. This situation highlights the ongoing challenges in the media industry as companies strive to streamline operations and reduce expenses.