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 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 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 to Lay Off 15% U.S. Staffers in Fresh Round of Cuts - Variety
Aug 8, 2024 · Paramount Global will cut 15% of its U.S. workforce in the next few weeks — a round of layoffs that will affect about 2,000 employees — coming ahead of its planned merger with Skydance...
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 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...
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...
Paramount Global begins second phase of layoffs in U.S., …
Sep 24, 2024 · Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward increasing profitability, according to an internal memo seen by...
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...