Layoffs Coming At Paramount Global But No Details On Staff Cuts In Bob Bakish Memo Outlining 2024 Strategy; CEO Acknowledges M&A Speculation
These decisions are never easy, but are essential on our path to earnings growth. A couple of Par Global employees Deadline spoke with today emphasized how drawn-out this whole thing has been. Watch on Deadline Read the full memo below. Paramount Pictures in Los AngelesGetty Deadline reported last weekend that cuts at Paramount were set to impact hundredsof employees across the company. Deadline heard senior executives had been given reduction targets to hit to cut costs....