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Employees leaving Paramount Skydance offices with boxes amid major layoffs in TV divisions.
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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.

Scott Pelley, a longtime 60 Minutes correspondent, was fired last week by executive producer Nick Bilton. The dismissal followed Pelley's confrontation with Bilton over recent staff changes at the CBS News program. Pelley later detailed his concerns in a New York Times interview.

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Longtime CBS News journalist Scott Pelley was terminated from 60 Minutes effective immediately after a heated dispute with new executive producer Nick Bilton.

Veteran journalist Gayle King is expected to step down from her role on CBS Mornings in 2026, according to a Variety report, amid ongoing changes at CBS News. The network has denied any discussions about her departure, emphasizing her value to the organization. King, a co-host since 2011, may transition to another role within CBS.

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Paramount Global has acquired The Free Press and appointed its co-founder Bari Weiss as editor-in-chief of CBS News. The move aims to bring balanced journalism to a wider audience amid efforts to modernize the network. Weiss, a former New York Times opinion writer, will retain leadership of her independent publication.

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