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Paramount Skydance launches major layoffs across TV divisions
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Paramount Skydance has initiated a round of approximately 1,000 layoffs on October 29, 2025, targeting redundancies and roles misaligned with new priorities following its merger with Skydance. The cuts affect CBS News, CBS Entertainment, Paramount+, MTV, and other units, with another 1,000 jobs expected soon, reducing the workforce by about 10%. CEO David Ellison described the moves as necessary for long-term success in a memo to employees.
Tony Dokoupil, recently named anchor of CBS Evening News, started two days ahead of schedule on Saturday, January 3, 2026, to cover a U.S. military raid that captured Venezuelan President Nicolás Maduro. Broadcasting from San Francisco, the debut featured a three-segment interview with Secretary of Defense Pete Hegseth as President Donald Trump announced the operation.
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Tony Dokoupil, who is set to take over as anchor of the “CBS Evening News” on Jan. 5, 2026, used a New Year’s Day video message to acknowledge eroding trust in major news organizations and to promise tougher accountability, faster clarity on what is known, and frank corrections when errors occur.