Cheddar closes LA studio, makes layoffs

Cheddar, the live-streaming business news outlet, has permanently closed its Los Angeles studio amid company-wide layoffs, reports J. Clara Chan of The Wrap.

Chan reports, “The layoffs are part of a recent consolidation of Cheddar’s two live-streamed networks — the business-focused Cheddar and the quick-hit, general news-focused Cheddar News — into one, the spokesperson said.

“Those laid off include Cheddar’s west coast anchor Alyssa Julya Smith, who announced her departure from the company on Friday.

“‘I am saying goodbye to my anchor job at Cheddar. Unfortunately, the LA Bureau has been permanently shut down during a mass company layoff. After nearly 4 years it is sad to say goodbye, especially this way, but I am excited for the next adventure,’ Smith, who helped launch Cheddar’s first lifestyle and entertainment show back in 2016, said on Twitter.”

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