An elegant cascade cross-coupling and in situ hydrogenation reaction has been established by visible light catalysis. Combining cheap and earth-abundant eosin Y as a photosensitizer and the cobalt chloride complex, Co(dmgH)₂Cl₂ (dmgH=dimethylglyoximate), as a catalyst, the desired oxidative cross-coupling products and reductive hydrogenation products could be achieved in good to excellent yields without use of any external oxidants and reductants under visible light irradiation.