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"CBS Saturday Morning" co-hosts Michelle Miller and Dana Jacobson are among the nearly 100 news division employees cut as part of a massive round of layoffs at parent company Paramount.
Ellison has also made a play for Warner Bros. Discovery, which has rebuffed three offers from Paramount, The Wall Street Journal reported. Paramount made three offers for Warner in September for $19 a share and then $22, before raising it to $23.50.
Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.
The first major programming shift amid new leadership at CBS News is reportedly the cancellation of CBS Saturday Morning. The New York Post reported on Wednesday, October 29, that the network’s new editor-in-chief, Bari Weiss, is axing the program and its coanchors, Michelle Miller and Dana Jacobson.
A former CBS News producer accused the network of “race-based layoffs” after corporate parent Paramount Skydance introduced sweeping cuts, claiming in a viral TikTok that every producer laid off from his team was a person of color while white colleagues were reassigned.
Emmy Award-winning CBS News Texas (KTVT) Dallas-Fort Worth evening anchor Nicole Baker was a part of the recent layoffs at Paramount and is leaving the station after three and a half years, she announced Thursday, Oct. 30, on Facebook.
A number of television executives have been affected by the major round of layoffs at Paramount, the first since the company was established by the $8.4 billion merger of Paramount Global and Skydance in August.
Layoffs and departures are happening across Paramount amid its merger with Skydance Media. Find out the status of 'CBS Saturday Morning' here.
Back in October, Paramount Skydance announced layoffs of approximately 10% of its workforce. All of this cost-cutting comes alongside a report that security for the new CBS Editor-in-Chief In Chief Bari Weiss, is reportedly costing the company an additional $10,000 a day.