Similar Stories to Paramount Global’s Ad Group Lays Off Staff As Part Of Companywide Cost-cutting Move on Bing News

Paramount Global’s advertising group conducted a round of layoffs Tuesday, which are part of the media conglomerate’s efforts to slash $500 million in annual costs, Variety has confirmed. Paramount Advertising is the centralized team that manages domestic multiplatform ad sales across CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount+, Pluto TV and other properties.

BING NEWS:
  • Paramount Global's Ad Group Lays Off Staff as Part of Companywide Cost-Cutting Move
    Paramount Global’s advertising group conducted a round of layoffs Tuesday, which are part of the media conglomerate’s efforts to slash $500 million in annual costs, Variety has confirmed. Paramount ...
    09/17/2024 - 10:10 am | View Link
  • Paramount to shutter TV studio, begins layoffs in cost-cutting frenzy
    Paramount Global (PARA) announced in a memo to staff Tuesday that it will shut down ... decision to close Paramount Television Studios as part of the company's broader restructuring plans ...
    08/13/2024 - 8:31 am | View Link
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