Paramount to lay off 15% of staff amid brutal period in media - CNN
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...
Paramount Initiates Layoffs In Effort To Cut 15% Of U.S. Workforce
Sep 24, 2024 · 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 further cutbacks today.
Paramount shutters television studio, begins major layoffs - Los ...
Aug 13, 2024 · Paramount Global announced Tuesday that it was shuttering one of its television studios, part of a round of deep staff cuts aimed at eliminating nearly 2,000 jobs by year’s end as the company...
Paramount Layoffs Begin As Company Reaches "An Inflection …
Aug 13, 2024 · Paramount Global has officially initiated long-planned layoffs as it looks to reduce its U.S.-based workforce by 15%. The first of three stages of staff reductions is beginning today, with 90% of...
Paramount Global to lay off 800 employees after record Super …
Feb 13, 2024 · Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue.
Paramount Global takes $6-billion write-down, announces layoffs …
Aug 8, 2024 · Paramount Global on Thursday reported it took a $6-billion write-down on its cable television networks business, in yet another sign that Hollywood is reckoning with the ongoing deterioration...
Paramount Global To Cut 15% Of U.S.-Based Workforce, Co-CEO …
Aug 8, 2024 · Paramount Global Co-CEO Chris McCarthy confirmed the long-expected layoffs hitting the company, saying the media company plans to cut its U.S.-based workforce by about 15%.
Paramount Global Layoffs Are Underway: Read CEO Bakish Memo ... - Variety
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...
Paramount Global Layoffs: 15% of US Workforce Cut - Entrepreneur
Aug 9, 2024 · Paramount Global announced its Q2 2024 earnings on Thursday and revealed that it would be letting go of 15% of its U.S. workforce, or roughly 2,000 employees.
Paramount Layoffs: 800 Staffers Cut as CEO Unveils Memo on …
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...