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- 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 layoffs in a memo Tuesday to staff that was obtained by Variety.
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Feb 13, 2024 · In an effort to cut costs, Paramount Global is laying off 800 employees, a person with knowledge of the situation told IndieWire.
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.
Feb 13, 2024 · Paramount to Lay Off 800 Staffers as CEO Unveils Broad “Streamlining Costs” Effort. As Wall Street evaluates the media giant's future as a stand-alone company and suitors wait in the wings, CEO...
Paramount will lay off about 800 people, or an estimated 3% of its workforce, according to a person familiar with the matter. Paramount Global ended 2022 with about 24,500 full-time and...
Feb 13, 2024 · Paramount Global will lay off up to 800 staffers in a major cost-cutting effort aimed at returning the business to profitability, as talks continue to swirl that it will sell all or...
Feb 13, 2024 · Paramount Global said Tuesday it’s laying off some of its “very valued colleagues,” including on its Paramount+ team. The cuts will reportedly affect about 800 employees, an estimated three ...
