Paramount Global to Cut 15% of U.S. Workforce Amid Broader Cost-Cutting Measures
Los Angeles, August 9, 2024 — In a significant move aimed at streamlining operations and reducing expenses, Paramount Global has announced plans to cut approximately 15% of its U.S.-based workforce, equating to roughly 2,000 jobs. The decision is part of a broader cost-cutting strategy by the media conglomerate, which is facing increased competition and changing … Read more