Baystreet.ca - Layoffs at Paramount

Paramount (NASDAQ:PARA) shares tail off in the first hour Friday amid reports of reductions to its workforce.

CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to “operate as a leaner company and spend less.”

“Our ...

Related Keywords

Los Angeles ,California ,United States ,Bob Bakish ,David Ellison Skydance ,Los Angeles Times ,Sports Illustrated ,Nasdaq ,Business Insider ,David Ellison ,Skydance Media ,