United States: Paramount Global (CBS & Paramount+) to let go of "hundreds of employees"

The American conglomerate Paramount Global, owner of the CBS audiovisual group and the Paramount+ streaming platform, is making "hundreds of employees" redundant, according to Bob Bakish, CEO of the group, in an internal letter sent to employees on 13/02/2024.

Around 800 employees will be affected, representing 3% of Paramount Global's total...