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International Business Times
International Business Times
Bruce Golding

Paramount Begins Second Round Of Layoffs To Trim 15% Of Workforce: Report

Paramount Skydance Media
The Paramount+ logo is displayed during the San Diego Comic-Con International event in San Diego on July 24, 2024. (Credit: CHRIS DELMAS/AFP via Getty Images)

Paramount Global has reportedly started the second phase of about 2,000 planned layoffs that will trim its workforce by 15%.

The move was detailed in an internal report seen by multiple media outlets.

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