Exclusive: Massive Layoffs at ‘Extra,’ Tracey Edmonds Exiting + Remaining Staff Taking Substantial Pay Cuts

‘Extra’ is undergoing some significant changes.

Sources exclusively tell www.lovebscott.com that there have been ‘massive layoffs’ of staff in both NYC and L.A.

Among those exiting is host Tracey Edmonds — who we hear is currently developing multiple series for major cable networks through her production company and is launching a digital lifestyle brand.

The remaining staff — including AJ Calloway — are being forced to take ‘substantial’ pay cuts.

“It’s a bloodbath over there,” says the source.

We expect some official news in the next few days, but remember where you heard it first!

Update: We told you so! It took a a few days longer than we expected, but Tracey Edmonds has officially announced her departure.

?Thank you to @extratv & to the viewers for 3 AMAZING years at ExtraTV! It’s time for me to CREATE again! I will be dropping the mic on 6/15 to return to producing TV/films & and to launch my new venture Alrightworld.com! Thank you to @mariolopezextra to my beautiful & talented Sis @charissajthompson and to the awesome @extratv team for the incredible memories we shared together! Love you guys!!!! Thank you to my social media Fam for all for ALL of your love and support over the years!! Stay tuned for my next chapter!! I’m excited and can’t wait to share it with you ????!!! LOVE2U!! ???????? #alrightworld #beingthebestyou

A post shared by Tracey Edmonds (@traceyeedmonds) on May 23, 2017 at 6:46am PDT