CBS News President Ingrid Ciprian-Matthews Resigns Amid Paramount Cost Cuts, Effective End of Month

Jul 10, 2024, 01:24 PM

Ingrid Ciprian-Matthews, the president of CBS News, has announced her resignation amid cost-cutting measures by parent company Paramount Global. Ciprian-Matthews, who has been in the role for less than a year, will step down at the end of the month but will continue to serve as an advisor through the 2024 election. This decision follows the layoff of over 800 employees at CBS Local and CBS News in February as part of Paramount's broader strategy to streamline operations.