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- 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 internal memo to employees. Paramount will lay off about 800 people, or an estimated 3% of its workforce, according to a person familiar with the matter.
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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 Global will lay off hundreds of employees following a record-setting Super Bowl that garnered more than 123 million viewers across all company platforms, led by CBS.
- 1 min
- Alexandra Canal
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 part-time...
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 layoffs...
- Todd Spangler
Feb 13, 2024 · Paramount Global has begun a planned round of layoffs, telling U.S.-based employees that those affected by the cutbacks will be notified by the end of Tuesday. An internal memo from CEO Bob...
Feb 13, 2024 · 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 is laying off about 800 employees or roughly 3% of its workforce, a person familiar with the matter said on Tuesday, as the media company looks to cut costs and return to...