Cheddar Layoffs
April 2020
Cheddar announced a layoff affecting 0 employees in April 2020. The company operates in the Media sector.
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Apr 24, 2020
About
Cheddar, the live-streaming news and entertainment outlet owned by Altice USA, has permanently closed its Los Angeles studio and conducted company-wide layoffs, confirmed on a recent Friday. The layoffs, part of a consolidation merging its two networks—Cheddar and Cheddar News—into one, affected an undisclosed number of employees, including West Coast anchor Alyssa Julya Smith. While the exact figures for total employees and percentage laid off are not specified, the move reflects a strategic shift to streamline operations in the competitive digital media industry, focusing on delivering business and cultural news from its New York base. Affected staff are receiving severance and benefits.
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