Paramount laid off 15% of US staff amid a planned merger on August 8, and pictured is Paramount Studios in Los Angeles, California.
Mandatory Credit: Mario Anzuoni/Reuters via CNN Newsource
Stories this photo appears in:
Paramount cuts 15% of US staff, writes down $6 billion in latest sign of TV troubles
Paramount Global, the storied media conglomerate, announced Thursday it will lay off 15% of its US staff and write down $6 billion in value of its cable television networks as it prepares to merge with Skydance Media.
