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As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would be laying off 3.5% of its domestic staff.
Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a job. More or less quarterly layoffs are an industry-wide trend; despite ...
Despite bringing us some of the best television and film in years, Paramount is laying off 15% of its staff, the company announced Thursday. The layoffs are explicitly focused in the U.S., where ...
Paramount Global (NASDAQ:PARA) on Tuesday started laying off employees, acting on last week's announcement that it would cut workforce by 15% across U.S. operations. Notably, the company is ...
This marks the latest round of layoffs for Paramount, which shed around 2,000 employees, or 15% of its U.S. workforce, ... Paramount is the latest major media entity to announce layoffs, ...
Paramount Begins “Phase Two” of Company-Wide Layoffs. Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete.
“Today’s announcement of cuts represent 6% of our newsroom staff. ... Animation studio Pixar reduced 14% of its staff, around 175 employees affected, in May. Paramount Global.
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’s co-CEOs ...
Paramount Global made an internal announcement about Phase 2 of its ongoing layoffs Tuesday morning, saying 90% of the planned cutbacks will be completed after the new phase.
BET is making layoffs across multiple departments amid the broader wave of cutbacks at parent company Paramount Global.