CBS News Faces Major Layoffs, Including High-Profile Journalists
Paramount Global's restructuring leads to the dismissal of nearly 800 employees, spotlighting the challenges within the media industry.
- Paramount Global laid off CBS News senior investigative correspondent Catherine Herridge and hundreds of other staffers, totaling about 800 job cuts.
- Catherine Herridge, embroiled in a First Amendment legal battle, reportedly clashed with CBS News president Ingrid Ciprian-Matthews prior to her dismissal.
- Jeff Pegues, another CBS correspondent, was laid off following HR complaints over his workplace behavior.
- The layoffs are part of a broader restructuring effort by Paramount Global, reflecting the financial pressures and the shift towards streaming.
- These layoffs are seen as indicative of the larger challenges facing traditional media outlets in adapting to the digital landscape.