From Deadline
BET CEO Scott Mills informed employees Wednesday morning that their ranks are being thinned as part of Paramount Global’s most recent round of layoffs.
While no exact numbers were provided for BET’s cuts, they are part of Paramount’s move to lay off of 3.5% of its domestic workforce earlier this month, an action that affected several hundred positions. At the end of 2024, the company had 18,600 global employees.
In a staff memo obtained by Deadline, Mills wrote that BET “is not immune to the conditions necessitating these actions, so we too must reduce staff within our organization.”
The most recent staff reductions follow a larger downsizing in 2024, which affected 15% of domestic staff. Paramount, like its media peers, is contending with a decline in linear TV viewing and advertising, along with pressure on distribution revenue. Streaming is growing, but has different economics than traditional linear TV.
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