Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings

Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction.

Aug 9, 2024 - 06:00
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Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction.