Dr. Phil’s fledgling TV network reportedly axed dozens of jobs on August 12, 2024. Merit Street Media, founded by the famous talk show host, laid off about a third of its staff. The layoffs mainly affected the morning and evening news departments, leaving many employees in shock.
Key takeaways:
- Merit Street Media cut about 40 jobs.
- Layoffs affected mainly news departments.
- Employees expressed shock at sudden changes.
- Dr. Phil’s new show is “Dr. Phil Primetime.”
Dr. Phil’s Network Faces Major Layoffs Amid Staff Reorganization
The recent layoffs at Dr. Phil’s Merit Street Media have sent shockwaves through the organization. Founded earlier this year, the TV network has already made significant cuts to its workforce. The layoffs focused on the morning and evening news departments, impacting nearly 40 employees. Many staff members were blindsided by the news, especially those who relocated for their jobs. The company stated that these changes were necessary for operational efficiency.
Impact of Layoffs on Employees at Merit Street Media
The impact of the layoffs at Merit Street Media has been profound. Employees expressed their disbelief and frustration, with some stating they had moved their lives for these positions. The lack of severance for newer hires has further intensified feelings of insecurity. The company aims to streamline operations, but the human cost of these decisions is significant.
Dr. Phil’s Return to Television and Its Challenges
Dr. Phil McGraw returned to television with “Dr. Phil Primetime,” aiming to tackle engaging topics just like his previous show. However, the recent staff cuts raise questions about the network’s stability and future direction.
- Focus on attention-grabbing topics.
- Network launched in partnership with Trinity Broadcasting Network.
- Previous success with daytime TV.
- Challenges in maintaining a stable workforce.
For more details on the layoffs, you can read the full report on Bloomberg and Mediaite.
