Bari Weiss Reportedly Planning ‘Imminently' to Layoff Dozens of Staffers at CBS News [Yahoo! Finance]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: Yahoo! Finance
Weiss first made mention of the cuts several weeks, according to Business Insider — as she told CBS News employees that a “tsunami of technological change” could lead to changes at the network. “I can't stand up here and tell you that in a moment of incredible transformation that that's not going to mean transformation of our workforce,” Weiss told staffers at a late-January town hall meeting. During the meeting, Weiss said CBS was shifting away from “commodity news” in favor of exclusive reports that can't be found “anywhere else.” “If you can get what we're selling in five other places, in 10 other places, in 100 other places — that's probably not a thing we need to double down on,” Weiss said. Weiss also indicated she wants CBS News to attain digital dominance in the field, and said she's “looking to hire more people who can help CBS transform into a digital-focused company,” Business Insider reported. “Our strategy until now has been to cling to the audience that remain
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PSKY
Earnings
- 2/25/26 - Miss
PSKY
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- PSKY's page on the SEC website