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  • The Hill

    Jeff Glor to leave CBS amid layoffs at Paramount

    By Dominick Mastrangelo,

    2 days ago

    https://img.particlenews.com/image.php?url=4JbfGp_0vi8N5Qg00

    Anchor Jeff Glor is leaving CBS News amid widespread layoffs implemented by the outlet’s parent company, according to multiple reports.

    Glor, who currently presides over a Saturday morning new program on CBS, has been with the network since 2007 and once served as anchor of “CBS Evening News.”

    Glor is leaving CBS’ news division as part of the latest round of cuts, the news outlet Puck reported , noting hundreds more jobs around the company were being slashed this week.

    In a note to employees obtained by The Hill on Tuesday, Paramount co-CEO’s Chris McCarthy, Brian Robbins and George Cheeks said the Hollywood conglomerate would begin “phase two of our workforce reductions in the US.”

    Paramount, which is currently undergoing a mega-merger with entertainment giant Skydance, promised investors it would cut $500 million from its budget by the end of the year.

    “Like the entire Media industry, we are working to accelerate streaming profitability while at the same time adjusting to the evolving landscape in our traditional businesses,” the company’s leadership wrote. “Days like today are never easy. It is difficult to say goodbye to valued colleagues, and to those departing, we are incredibly grateful for your countless contributions.”

    Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to The Hill.

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    Comments / 15
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    Bob Johnson
    22h ago
    Gayle King should be moved to the North Korean Bureau
    Jane Ball
    1d ago
    when companies say they want loyalty..... oh!!!they didn't mean the company also be loyal to their employees🤪silly me.just a number. not people. sad. so many I liked are being affected.time to watch different news
    View all comments
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