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Paramount to cut 3.5% of its workforce
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A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...
Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.
Strange New Worlds will end after its fifth season, consisting of only six episodes, due to cost-cutting measures by Paramount+.
The latest cuts come after the media giant slashed about 15% of its workforce last year, part of an effort to trim costs by $500 million and return the company to profitability. Paramount and ...
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