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"These changes are necessary to address the environment we are operating in and best position Paramount for success," its ...
Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.
Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry.
Paramount Global said it’s cutting 3.5% of its workforce, citing challenges in the broader economy and in the linear television business. It’s the latest round of layoffs at the media giant ...