Paramount to lay off 15% of staff amid brutal period in media - CNN
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 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 Hit 20 CBS News Staffers - Variety
Feb 13, 2024 · Approximately 20 CBS News staffers were given termination notices Tuesday as a result of broader layoffs taking place across Paramount Global. The cuts extended across CBS News operations in...
Paramount is Laying Off More Staff As It Merges Paramount
Dec 12, 2024 · Paramount Global is streamlining its distribution operations in anticipation of its upcoming merger with Skydance Media. The company is integrating its streaming services including Paramount+ and TV networks distribution teams into a single unified unit, a move that unfortunately includes a small number of layoffs. Ray Hopkins, president of U.S. networks …
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 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 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 layoffs: 'Phase two' of planned 2K job cuts
Sep 24, 2024 · The bloodbath at Paramount Global continued Tuesday as the struggling media giant kicked off a second round of layoffs in its previously announced plans to cut 2,000 jobs.
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 lays off 800 employees after record Super …
Feb 13, 2024 · Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday in an...
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