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2024-02-14 Economy
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Bloodbath at Paramount claims 800 jobs including CBS News journalists embroiled in controversy
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[NY Post] Herridge was OK at Fox. Jumped for $$ (my assumption) and is now Funemployed
Several CBS News reporters were caught up in layoffs at Paramount Global that claimed 800 jobs, including one who is embroiled in a high-stakes First Amendment fight — and another who has reportedly weathered HR probes over his workplace behavior, The Post has learned.
Catherine Herridge — an award-winning senior correspondent whose First Amendment case is being closely watched by journalists nationwide — was among the hundreds of employees at CBS parent Paramount who got pink slips on Tuesday, sources told The Post.
The carnage provoked outrage from the rank-and-file at CBS, with some focusing their ire on Paramount Global CEO Bob Bakish, who pulled down $32 million in total compensation last year despite the company’s ever-shrinking financial profile.
"Everybody in the newsroom is pissed that Bob Bakish is making over $30 million and he’s making these cuts," one insider fumed.
| Of course they are. I suspect he was right to do so, given the changed market, no matter how he screwed up by setting up the situation that led to this necessity, and the board will naturally reward him for cutting costs so significantly, even though the optics for that big a paycheck are awful. |
Elsewhere, some suspected the layoffs were more than just cost-cutting. Sources said Herridge had clashed with CBS News president Ingrid Ciprian-Matthews — a sharp-elbowed executive who was investigated in 2021 over favoritism and discriminatory hiring and management practices, as revealed by The Post.
Lots of different ways to choose who gets cut when major cuts happen, and all of them feel unfair to those losing their jobs. 
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Posted by Frank G 2024-02-14 00:00||
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Posted by AlmostAnonymous5839 2024-02-14 07:34||
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Posted by Rex Mundi 2024-02-14 08:36||
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Posted by Skidmark 2024-02-14 08:54||
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Posted by swksvolFF 2024-02-14 11:55||
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Posted by Abu Uluque 2024-02-14 12:02||
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Posted by Abu Uluque 2024-02-14 12:10||
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Posted by Angealing B. Hayes4677 2024-02-14 13:31||
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Posted by NoMoreBS 2024-02-14 13:43||
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02:18 Skidmark
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00:22 Anguper Hupomosing9418
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