It’s been a brutal day across the cable networks of ViacomCBS in a new wave of post CBS-Viacom merger layoffs and reorganization. The highest profile departures have been in the Entertainment…
Nickelodeon EVP Sharon Cohen Exits, On-The-Ground & Live Events Divisions Impacted In ViacomCBS Layoffs
In an internal memo, Chris McCarthy, President of ViacomCBS’ Entertainment & Youth division, addressed the layoffs and restructuring, noting that the “changes were driven by two factors:: Shifting from cable to content which is at the center of everything we do and Moving from strong siloed brands to a powerful entertainment portfolio.”
Hayden joined Showtime Networks in 1989. In 2006, he was tasked with launching and developing Smithsonian Channel, a joint venture between Showtime Networks and the Smithsonian Institution, which launched in 2007.By now I’m sure you’ve heard, today we took the final step to merge our four branded groups into one unified creative organization.
We didn’t come to these decisions quickly or easily, but rather after a thoughtful process over the past few months. This new structure will take advantage of our full scale and shared expertise. More to come on that in the next few days.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Smithsonian President Out as ViacomCBS Merges Branded GroupsSmithsonian Channel president Tom Hayden is out as ViacomCBS' larger reorganization continues
Read more »
ViacomCBS CEO Bob Bakish Says Post-Merger ‘Streamlining’ Continues Amid Rumors Of Impending LayoffsAs rumors of impending layoffs continue to swirl around ViacomCBS, CEO Bob Bakish sent a memo to employees saying the company is continuing “to integrate and streamline our operations, manage…
Read more »
ViacomCBS Lays Off Staffers Across Organization Amid Ongoing Integration EffortsAmid the ongoing integration of Viacom and CBS, more staffers were laid off Wednesday at divisions across ViacomCBS, including at MTV News and elsewhere. In an internal memo, CEO Bob Bakish called …
Read more »
ViacomCBS Chief Updates Staff On Layoffs, Cost-Cutting MeasuresAs ViacomCBS keeps up its plan for $750 million in post-merger cost savings, CEO Bob Bakish sent a note to employees on Wednesday as an update on the company&39;s progress.
Read more »
Sarah Babineau To Depart Comedy Central Amid Executive Restructuring In Entertainment & Youth UnitEXCLUSIVE: Another top Comedy Central executive is exiting in the fallout from the ViacomCBS merger. Sarah Babineau, Head of Comedy Central Content & Creative Enterprises, will be departing Com…
Read more »
ViacomCBS Chief Updates Staff on Layoffs, Cost-Cutting MeasuresCEO Bob Bakish says the merged firm will 'streamline our operations, manage our costs as diligently as we can, and follow through on our committed post-merger synergy targets.'
Read more »