Paramount Global is eliminating 3.5% of its U.S. workforce in another round of job cuts, the latest signal of deepening distress within the traditional media industry as audiences continue to migrate away from cable television. This marks the company’s second major workforce reduction in a year, following a far more sweeping 15% cut in 2024, [...]The post Paramount Cuts Another 3.5% of U.S. Workforce as Legacy TV Declines Deepen— It Isn’t an AI-Driven Layoff appeared first on Tekedia.
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