Paramount Begins “Phase Two” of Company-Wide Layoffs
Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete.
Paramount Global bloodbath continues with ‘phase two’ of planned 2K job cuts
The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its previously announced plans to cut 2,000 jobs.
Paramount Begins Round 2 of Layoffs to Reduce Staff by 15%
Paramount began a second wave of layoffs on Tuesday morning, nearly completing a 15% staff reduction announced last month.
Paramount cuts more jobs as part of planned reductions
Paramount Global cut more jobs on Tuesday as part of a previously announced plan to reduce its US workforce by 15%, or about 2,000 positions. The move is the second round of layoffs, and after today 90% of the planned cuts will be complete, co-chief executive officers George Cheeks, Chris McCarthy and Brian Robbins wrote in a memo to staff.
Paramount starts second phase of its planned layoffs
Paramount Global is now going through Phase 2 of its planned layoffs, which started in August. After Tuesday, 90% of the layoffs will be finished.
Paramount+ Comms Team Gutted in Latest Round of Layoffs
Paramount+’s communication team has been hit by Paramount Global’s latest round of layoffs in its 15% reduction of its U.S. workforce, with senior vice presidents Morgan Seal and Amanda Cary among those impacted.
Paramount Global Unveils ‘Phase Two’ of Layoffs
Paramount Global said it was continuing to cut staff amid a difficult climate, hoping to net 90% of its overall layoffs
Paramount Initiates Next Round Of Layoffs In Ongoing Effort To Cut 15% Of U.S. Workforce
Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after further cutbacks today. George Cheeks, Chris McCarthy and Brian Robbins conveyed the news to staffers in a memo this morning.
Paramount Begins Second Round Of Layoffs To Trim 15% Of Workforce: Report
A total of about 2,000 workers are losing their jobs to reduce annual costs by $500 million ahead of a merger with Skydance Media.
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