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MTV News Shutting Down as Part of Mass Layoffs at Paramount

HeadlineMay 10, 2023

Paramount Global is laying off 25% of its staff and shutting down MTV News. The head of Paramount Media Networks, Chris McCarthy, made the announcement to employees in an emailed memo. Paramount is also the parent company of CBS, Nickelodeon, Comedy Central and Showtime. The latest media layoffs come after massive job cuts at Vice and other companies, and the shuttering of BuzzFeed News.

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