#tvbroadcasting

Company: Paramount Global
Source: Los Angeles Times

Paramount sheds another 1,600 workers as David Ellison team digs in
Summary: Paramount disclosed an additional reduction of 1,600 workers tied to divesting TV stations in Chile and Argentina, part of a broader plan targeting a 15 percent workforce cut and 3 billion dollars in cost savings. The company still plans to boost content spending and raise Paramount+ prices as it pursues profitability.
City: Los Angeles
State: California
https://web.archive.org/web/20251111211048/https://www.latimes.com/entertainment-arts/business/story/2025-11-10/paramount-more-layoffs-david-ellison

https://nypost.com/2025/10/29/media/cbs-saturday-morning-canceled-michelle-miller-dana-jacobson-are-out-sources/

There has been so little investment in the cable side there are bound to be massive layoffs here. Still overstaffed for so few hours of original programming, with many people doing very little work (through no fault of their own).

Prairie Public Television has laid off 12 staff members as it begins its new fiscal year, cutting seven employees and eliminating five open positions, which amounts to about 18 percent of its workforce.

CEO John Harris said the move was necessary after Prairie Public lost about $2 million in annual revenue following federal funding cuts and reductions in the state budget. This amounted to a 25 percent decline in revenue.

Despite the cuts, Harris emphasized the organization’s commitment to keeping all transmitters online and continuing to serve North Dakota communities with the resources available.

Lifetime is cutting back its unscripted programming division, a decision that resulted in layoffs on Wednesday.

https://www.hollywoodreporter.com/business/business-news/lifetime-layoffs-unscripted-programming-1236349527/