Paramount to lay off 3.5% of US staff in latest job cut, memo shows

How will ECB's rate cut affect inflation? Why did Tesla's stock surge recently? What impact did US-China trade talks have? Why is Meta investing heavily in AI? How are layoffs affecting Paramount Global? Why did Whole Foods face supply shortages? What caused Elon Musk's regret over Trump posts?

Paramount to lay off 3.5% of US staff in latest job cut, memo shows

finance.yahoo.com/news/paramount-lay-off-3-5-121225118.html

In This Article:
(Reuters) -Paramount Global (PARA) is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline in cable TV subscribers, according to an internal memo seen by Reuters.
The layoff was communicated to its staff on Tuesday…

This story appeared on finance.yahoo.com, 2025-06-10 12:12:25.