#Latest news with #economiclandscapeBloomberg5 days agoBusinessBloombergParamount Global to Cut 3.5% of US Workforce Due to Decline of Cable-TV IndustryParamount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and the broader economic landscape. The move will affect about 3.5% of the media company's US workforce, according to an internal memo sent to staff reviewed by Bloomberg.
Bloomberg5 days agoBusinessBloombergParamount Global to Cut 3.5% of US Workforce Due to Decline of Cable-TV IndustryParamount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and the broader economic landscape. The move will affect about 3.5% of the media company's US workforce, according to an internal memo sent to staff reviewed by Bloomberg.