Tag: Layoffs And Content Strategy Shifts
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Paramount Global Announces It Might Charge $1 Billion For Content Strategy Changes and Layoffs
A $1 billion charge is expected by Paramount Global for the present quarter as a result of continuous programming changes and the layoffs it disclosed a month ago. While the company’s revenues call with Wall Street analysts for the fourth quarter, CFO Naveen Chopra gave that forecast. He stated that “a number of significant modifications…