EXCLUSIVE: The expected alignment of CBS Studios, Paramount TV Studios and the Paramount+ scripted originals team is happening, and it is resulting in staff cuts.
The latest round of Paramount Global layoffs is impacting under 30 people, I hear, all on the West Coast. According to sources, the majority of them are at CBS Studios and Paramount TV Studios, with handful of employees at CBS also let go.
As Deadline has reported speculatively, the Paramount+ scripted originals team is being folded into Paramount TV Studios, sources said.
The move is resulting in a couple of layoffs, I hear. Today’s reductions end speculation how CBS Studios, led by President David Stapf, and Paramount TV Studios, headed by President Nicole Clemens, would co-exist in the same portfolio — in the October restructuring, both studios were put under the purview of George Cheeks, President & CEO, CBS and CCO, News & Sports, Paramount+.
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