Paramount Global has announced that they will be cutting 15% of its workforce in the states.
Categories: $500 million cost savings$6 billion asset write-down"go-shop" period15% workforce cut2025 deal closure3% employee reductionAbril ElfiBrian RobbinsBusinessbusiness strengtheningcable TV businessChris McCarthycompany memocorporate restructuringemployee supportEntertainmentFebruary layoffsfinancial difficultiesGeorge CheeksHR leadersindustry changesLayoffsmedia industryNational AmusementsOAN NewsroomOffice of the CEOParamount GlobalRedBird Capitalsecond-quarter earningsShari RedstoneSkydancestrategic planTodays HeadlinesUnited States