Paramount Layoffs 2024 Location Map. Paramount (nasdaq:para) layoffs are the talk of wall street today on news that the entertainment company will cut hundreds of employees as it transitions. Paramount global chair shari redstone must decide whether to sell her family's controlling stake in the battered media company.

Paramount global ‘s advertising group conducted a round of layoffs tuesday, which are part of the media conglomerate’s efforts to slash $500 million in. Paramount is cutting 800 jobs as it looks to “grow revenue, while reducing costs.”.