Showtime Has Laid Off Over 120 Staff

Photograph by way of Michael Loccisano/Getty Photographs

Dangerous information immediately for workers of the Showtime community, as the corporate has laid off greater than 120 individuals and let a number of high execs go within the pressured exodus.

Selection is reporting that the channel is restructuring and the corporate’s workforce was merged with MTV Leisure Studios. There are not any concrete particulars about which departments specifically have been hit the toughest over the layoffs, nevertheless it might be shut to 1 quarter of the channel’s workforce.

The Showtime co-presidents have been ousted from their positions as properly. Each Gary Levine and Jana Winograde are out; Levine is reportedly shifting to a extra advisory place and Winograde is leaving mother or father firm Paramount International all collectively.

Present president and CEO of Showtime and Paramount Media Networks introduced the shakeup and revealed plenty of different executives who’re leaving their positions, they usually embody Paramount International Premium Group CFO and COO Michael Crotty; SVP of docs, unscripted and sports activities programming Vinnie Malhotra; inventive director world model and originals at Paramount Worldwide Rob Rosenberg; and Showtime’s EVP of content material acquisition Kent Sevener.

McCarthy introduced the management positions being reshuffled however didn’t say something in regards to the different layoffs.

“With this new construction, we will probably be saying goodbye to a number of colleagues and mates who’ve been very important in making SHOWTIME what’s immediately. Please be part of me in thanking them for his or her invaluable contributions and wishing them the most effective of their subsequent endeavors.”

You’ll be able to learn McCarthy’s full memo to the corporate over on Indiewire. Winograde additionally shared a be aware saying her exit.

“As most of , after an incredible six years, I will probably be leaving Showtime. Once I got here to Showtime after 23 years at ABC, it was arduous to think about feeling the identical sense of dedication, ardour and belonging at one other firm. … I do know that after I mirror on my years at Showtime, I’ll perpetually be pleased with the tales we informed and the methods wherein we informed them, and I’ll be indebted to everybody from whom I’ve realized a lot. However, most of all, I’ll be grateful to have labored with the unbelievable individuals who constructed the game-changer that’s Showtime. You aren’t solely the most effective workforce within the enterprise, however the most effective individuals.”