Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Trim Costs
https://t.co/a3wbhnLZwh- Variety (@Variety)
February 13, 2024 - After record Super Bowl viewings as the most watched telecast of ALL TIME, which in his words, “showcased the full power of Paramount.”....
- There will be 800 less Paramount employees pretty soon across all divisions, including Pluto, Paramount+, MTV, Nickelodeon, etc.
- “These adjustments will help enable us to build on our momentum and execute our strategic vision for the year ahead - and I firmly believe we have much to be excited about.”
- There has been talk about selling Paramount for awhile now, including ideas of a merger floated by Cinematic Criminal David Zaslav.
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