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Paramount Makes More Layoffs: Several Hundred Employees Axed, Representing 3.5% of U.S. Workforce

Paramount Global is paring back another 3.5% of its U.S. workforce, eliminating several hundred jobs domestically. In a companywide memo Tuesday, the company’s trio of co-CEOs — CBS chief George Cheeks, Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount Media Networks, and Paramount Pictures head Brian Robbins — cited linear TV declines and […]

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