Paramount Plans Cost Savings Moves as Streaming Finally Hits Small Profit
Paramount continued to push forward on its $500 million cost-savings plan and goal of reaching sustained profitability in streaming by 2025, in the company's first earnings report since the Skydance deal was announced. On Thursday, the company said that will include reducing its U.S.-based workforce by approximately 15%. The areas hits will be redundant functions […]
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