Round Two—Paramount Job Cuts to Affect 15% of the Workforce
HR Digest
AUGUST 16, 2024
According to the memo sent out by the three members of the Office of the CEO, George Cheeks, Chris McCarthy, and Brian Robbins, the job cuts will be conducted in three stages. Paramount’s layoffs will begin in August 2024 and the company intends to wrap up at least 90% of the workforce reduction process by the end of September.
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