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Paramount Global (PARA) to layoff around 800 employees

February 13, 2024 9:49 AM EST

Paramount Global (NASDAQ: PARA) is set to lay off around 800 workers, which accounts for roughly 3% of its workforce, according to reports on Tuesday.

Deadline posted an internal memo from the company's CEO, Bob Bakish, which reveals workers impacted by the layoffs will... More