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"These changes are necessary to address the environment we are operating in and best position Paramount for success," its ...
Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.
A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...
The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...
Paramount's job cuts are just the latest to hit the beleaguered media industry, which has recently seen staff reductions ...
Paramount Global said Tuesday it will lay off 3.5% of its U.S. workforce-amounting to several hundred employees-as the ...
Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and ...
It’s the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.
Paramount Global (PARA) is set to lay off 3.5% of its workforce in a new round of job cuts, according to a memo reportedly sent to staff on Tuesday. The company’s shares were little changed in ...
Paramount Global plans to cut 15% of its U.S workforce — or roughly 2,000 ... the entertainment company would make its anticipated reductions during a second-quarter earnings call, according ...
Paramount is implementing another round ... McCarthy said that the company will undergo “phase two” of its workforce reductions today, but that by the end of the day “90 percent of these ...
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