Paramount reduces 3.5% of US workforce in streaming business

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Paramount Global cuts up to 3.5% of the US laborer in an action to reduce costs.

Plans planned to cut the company’s work were announced by three PEOS in a company in a company that is considered by Fox business on Tuesday.

Co-Ceos George cheeks, Chris McCarthy and Brian Robbins said This paramount “This week has taken the necessary steps to make our organization easier.”

Paramount Global Logo

A picture with a cell phone with a mobile phone in front of the paramount logo, April 29, 2024, Edmonton, Canada (Via Arthur Widak / Nurphoto, Getty Images / Getty Images)

The memo said that the efforts to regulate the paramount organization are losing 3.5% of the company’s US employees.

Paramount Workers Pen Letter Blown Dei Shakeup: Report

The media company “comes as continued continuing the width of the industry reduce the line And when the dynamic macroeconomic environment is prioritizing investments in our growing flow, “, according to CEOs.

Ticker Safety Last Change Change%
For Paramount global 12.17 +0.17

+ 1.42%

Many employees who allowed to go have received a notification on Tuesday.

At a global scale, about 18,600 people worked for full-time or part-time at the end of 2024.

Under the move, some paramount workers in other countries can also affect “over time”.

Paramount global

The paramount logo is shown in Columbia Square along the Sunset Blvd, 2023, Hollywood, Calif, Calif, 9, 2023, 2023. (Patrick T. Fallon / AFP, Getty Images / Via Getty Images)

Paramount, “All effective workers must be committed to ensure support and respect during this period,” Cheeks, McCarthy and Robbins said.

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A agreed company Suggested combination with skyance media Last year, the market capitalization was $ 8.6 billion in the afternoons, which should still be locked.

Includes its portfolio Paramount +Comedy Center, MTV, Nickelodeon, CBS and Paramount pictures, among others.

The Paramount Plus logo is displayed on a smartphone screen.

The Paramount Plus logo is displayed on a smartphone screen. (Lightrock via Rafael Henrique / Sopa Images / Getty Images / Getty Images)

Paramount Previously cut About 15% of the workforce located in the United States last year.

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Avqust ayında elan edilənlər, “ilk növbədə” market, hüquqi, texnoloji, texnoloji, texnologiya, texnologiya, texnologiya, texnologiya və digər dəstək funksiyalarını azaltmaq “və” Marketinq, hüquqi, texnologiya və digər dəstək funksiyalarını azaltmaq “da elan edildi” dedi McCarthy

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