Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Trim Costs ...Middle East

Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs. CEO Bob Bakish announced the layoffs in a memo Tuesday to staff that was obtained by Variety. According to the memo, U.S. employees being laid off […]

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