S. workforce by 15%, resulting in the layoff of twenty-nine-year veteran Tina Koyanagi-Rosener and eight of her colleagues in the content strategy department at Paramount+. The team, responsible for serving as a vital link between Paramount+, studios, and production, oversaw popular series such as the Taylor Sheridan shows, Star Trek universe, SEAL Team, and Criminal Minds: Evolution. Koyanagi-Rosener, with an extensive career spanning from CBS to Paramount+, worked diligently in various roles, notably contributing to the scripted originals team at Paramount+.

Reports suggest that the extent of job cuts at Paramount+ could reach up to 50% as part of the company's pursuit to attain $500 million in annual cost savings. Co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins outlined the necessity of layoffs as a crucial measure to meet their financial objectives. The company had already made reductions within the advertising division earlier, while other high-profile executives departed over the year. Paramount Television ceased operations, transitioning its shows to CBS Studios amidst the ongoing industry changes and challenges.

A memo from the co-CEOs expressed the challenging decisions made to enhance streaming profitability and adapt to the shifting media landscape. Acknowledging the hardships of the situation, they extended gratitude to departing employees for their dedicated contributions. The restructuring at Paramount is envisioned to position the company for sustainable growth and continued success, albeit at the cost of bidding farewell to valued colleagues.