In a message sent to employees, Tom Cibrowski, president of CBS, and Bari Weiss, editorial director, explained the decision the need to adapt to dynamic changes in the media market.
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“The news industry is evolving at a rapid pace, and we must keep pace with these changes,” they wrote in a letter to the team.
Layoffs at CBS News
According to “Deadline”, the reductions will affect 60-70 employees, with the current employment of approximately 1.1 thousand. people.
This is yet another wave of layoffs at CBS News. In October last year, the station eliminated approximately 100 positions, including closing the Johannesburg office, the Race & Culture Unit, as well as the streaming editions of “CBS Mornings” and “CBS Evening News”. Rumors about further cuts have been circulating in the editorial office for several weeks.
The new CBS News strategy, announced by Bari Weiss in January, assumes rebuilding trust in the media, developing streaming and building brands around program hosts. The reorganization of the newsroom, including reducing the number of employees, is intended to enable investments in these priority areas.
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“This is a difficult moment for those who are leaving. These are not just names on the list, but talented people who have contributed to our success. We treat them with respect and care,” Weiss and Cibrowski wrote in a note to the team.
Paramount Skydance on the way to taking over the owner of TVN
The situation at CBS is also being closely watched in Poland. The station's current owner, Paramount Skydance, just won the battle to take over Warner Bros. Discovery. The transaction, valued at USD 111 billion, covers a number of assets, including: Polish TVN and TVN 24.
CBS cuts cause concern. The new owner can strive to reduce costs, change the profile of the station or sell part of its Polish assets. In recent months, Paramount has already sold its channels in Argentina and Chile, and also canceled several MTV music channels in Europe.
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The finalization of the transaction still requires the consent of the American antitrust authorities and the European Commission. David Ellison, president of Skydance, held talks on this matter in Europe, including: with French President Emmanuel Macron.
