In October 2025, Paramount Global, which owns CBS, announced that a series of layoffs would rock the network, seeing the exit of 1,000 workers by the end of the month. A memo released by CEO David Ellison explained the decision to lay off 10% of the company's employees, saying, (via Deadline ), "When we launched the new Paramount in August, we made clear that building a strong, future-focused company would require significant change – including restructuring the organization."
He described the decision as a necessary step in positioning Paramount for long-term success, yet this decision also saw the exit of an award-winning cast of journalists who had become familiar faces to audiences around the world. "CBS Saturday Morning" hosts Michelle Miller and Dana Jacobson were among the many t

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