Paramount Layoffs Hit Advertising Division
EXCLUSIVE: Paramount's advertising division is the latest unit to be hit by layoffs. Deadline understands that layoffs began across Paramount Advertising, which is run by President John Halley, earlier today.
Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce
The division is the latest victim in the media giant's efforts to generate annual run rate cost savings of $500 million
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 Advertising is the centralized team that manages domestic multiplatform ad sales across CBS,
Paramount Global Slashes Advertising Jobs as Part of Cost-Cutting Strategy
Overall, CBS has faced significant financial issues, particularly after unveiling its streaming service, Paramount+. Facing the threat of the opportunity cost, Paramount has decided to cut down its expenses, which has the ultimate goal of achieving a half a billion dollars worth of savings.
Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce
Paramount Advertising has become the latest ... None of this is easy and no decision was made lightly.” The layoffs, which are part of co-CEO Chris McCarthy, George Cheeks and Brian Robbins ...
Paramount’s Erin Calhoun Exits As EVP Communications Ahead Of Next Round Of Layoffs
Erin Calhoun's departure comes as Paramount is bracing for the next wave of layoffs, which I hear is expected next Tuesday, ...
Paramount Streaming, Showtime Publicity EVP Erin Calhoun to Exit
Paramount Streaming, Showtime and cross-company publicity executive vice president Erin Calhoun is exiting the media giant ...
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paramount global - PARA
Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday. Skydance Media and RedBird Capital ...
Variety3d
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.