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Paramount Global is cutting 15% of its U.S. workforce. That reduction, which will impact 2,000 workers, is part of a larger trend in legacy media.
Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after today. Skip to main content Open Mega Menu ...
Paramount Global is set to undergo another round of layoffs, with cuts expected to reduce the company’s U.S.-based workforce by 15%. The cuts, aimed at achieving Paramount’s plan to trim $500 ...
Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete.
Paramount has begun laying off approximately 15% of its workforce in the U.S., ... Paramount Global linked the upcoming headcount reduction to a "strategic plan" that involves streamlining its ...
Paramount said in August that it would cut 15% of its U.S. workforce — layoffs that were estimated to affect about 2,000 employees — coming ahead of its planned merger with Skydance Media.
Approximately 2,000 employees will be affected by the workforce reduction. Despite the drastic measures, Paramount’s stock, PARA, was trading 6.57% higher at $10.86 in the pre-market, up from ...
Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday.