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Aug 13, 2024 · Paramount Global has started cutting 15% of its U.S. staff as part of a cost-saving plan and a merger with Skydance Media. The company also reported a $6 billion write-down on its cable networks and faces competition from other bidders.
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Feb 13, 2024 · Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs. CEO Bob Bakish announced the...
- Todd Spangler
Aug 13, 2024 · Paramount announced last week that it would lay off 15 percent of its U.S. employees — on top of about 800 layoffs six months ago — as part of an effort to save $500 million in costs ahead of a...
Aug 8, 2024 · Paramount Global, the storied media conglomerate, announced Thursday it will lay off 15% of its US staff and write down $6 billion in value of its cable television networks as it prepares to...
Aug 13, 2024 · The media company, facing challenges from streaming video and cable networks, announced layoffs and cost reductions in a memo to employees. The cuts are part of a larger plan by Skydance Media, which agreed to buy Paramount from National Amusements.
Feb 13, 2024 · Paramount Global has started cutting 3% of its global workforce, affecting 800 U.S.-based staffers. The company is facing challenges from advertising slowdown and streaming transition, while exploring potential acquisitions.
Feb 13, 2024 · On Tuesday, the CEO made things official, unveiling plans for job reductions in the U.S., an estimated 800 according to sources, and cuts abroad over time. The company had about 24,500 employees...
