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Paramount Global reduces the workforce in the United States by 3.5 % in a step to reduce costs.
The company’s plans to reduce jobs were announced on Tuesday by the three Co-CEOS in a note at the level of the company that was seen Fox Business.
” This is Paramount “Taking difficult steps, but necessary to simplify our organization this week.”
A picture of a woman bearing a mobile phone in front of the Paramount logo shown on a computer screen 29 April 2024, in Edmonton, Canada (Artur Widak / Nurphoto via Getty Images / Getty Images)
The memo said that the efforts to simplify Paramount will lead to 3.5 % of the company’s employees in the United States losing their jobs.
Paramount for employees pen September
This comes at a time when the media company moves “at the level of the continuous industry Linerals The dynamic overall economy environment, while giving priority to investments in our growing increasing business, “according to CO-CEOS.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| to | Paramount Global | 12.17 | +0.17 |
+1.42 % |
Many of the prominent workers who were left on Tuesday were to receive on Tuesday.
Globally, nearly 18,600 people worked in Paramount full -time or part -time at the end of 2024.
Under this step, some of the important workers may also be affected in other countries “over time”, as the note said.
Paramount logo is displayed in Colombia Square along the Sunseet Blvd in Hollywood, California, March 9, 2023. (Patrick T. Fallon / AFP via Getty Images / Getty Images)
Khadoud, McC Masry and Robins said that Paramount “is committed to ensuring the support of all affected employees with care and respect during this time.”
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The company that agreed to a The proposed merger with Skydance Media Last year, it was not closed after that, the market value reached $ 8.6 billion as of Tuesday noon.
It includes its wallet Paramount+Comedy Center, MTV, Nickelodeon, CBS and Paramount Pictures, among other things.
The Paramount Plus logo is displayed on the smartphone screen. (Rafael Henrique/SOPA Images/Lightrockw through Getty Images/Getty Images)
Paramont I was cut off in advance About 15 % of the workforce in the United States last year.
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McCarthy said at the time that the demobilization of the workers, which was announced in August, focused primarily “on” excessive jobs in marketing and communications “and” simplifying the “structure of companies”, which reduces the number of employees in financing, legal, technology and other support.
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