Paramount cuts 800 staff
Paramount has commenced layoffs with US-based employees affected by the cutbacks set to be notified immediately. A memo from CEO Bob Bakish did not disclose
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Paramount has commenced layoffs with US-based employees affected by the cutbacks set to be notified immediately. A memo from CEO Bob Bakish did not disclose
Paramount Global laid off 800 employees on Tuesday. Read President Bob Bakish's note to staff here.
Paramount Global CEO Bob Bakish said in January he would be reducing staff this year. He began those cuts today, with a memo to staff.
Allen's proposal, which includes the assumption of Paramount's debt, offers $28.58 for each voting share and $21.53 for each non-voting share
Paramount's Maria Kyriacou is exiting a day after Bob Bakish said international originals strategy would be slimmed down.