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Paramount to cut 800 jobs even after Super Bowl broadcast notched record: report

The move came after Paramount’s 2024 Super Bowl broadcast on CBS, Nickelodeon, Paramount+ drew in 123.4 million viewers as the most-watched telecast ever..

United statesBob bakishParamount globalSuper bowl sundayChief executive bob bakishArticle normalAudiovisual productionCinema film productionTelevision broadcastingMedia entertainmentLabor personnelCorporate industrial newsLay offs redundanciesAmerican footballEquity marketsCommodity financial market news

Paramount Cuts 800 Jobs Even as CEO Bakish Touts Blockbuster Super Bowl

Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority.

Angela palumboBob bakishGabby jones bloombergParamount chief executive bob bakishChief executive bob bakishSuper bowlArticle normalAudiovisual productionCinema film productionTelevision broadcastingMedia entertainmentLabor personnelCorporate industrial newsLay offs redundanciesSenior level managementAmerican football

Bank of America offers financial-wellness perks to commercial-client employees

Bank of America is reporting traction with a program that offers employees of its corporate-banking clients money-management advice and rewards.

Lorna sabbiaAaron levineWendy stewartAmerica levineMerrill lynchAmerica corpPreferred rewards gold tierEmployee bankingMoney habitsZacks investment managementBenefits reportArticle normalCommercial bankingBanking creditFinancial servicesInternational banks

MarketWise to cut 104 jobs as misconduct prompts wind down of Legacy Research

The reorganization, which is expected to be completed in the first half of fiscal 2024, was announced a week after Jon Mikula, a former employee of Legacy.

Marco ferriAmber lee masonMark gerhardTeeka tiwariJon mikulaLegacy researchCorporate developmentMarketwise incPalm beach ventureLee masonRican hodgsonChief corporate development officer marco ferriArticle normalAccounting consultingBusiness consumer servicesFinancial services

Instacart Stock Rallies on Upbeat Outlook, 7% Staff Reduction

Adjusted Ebitda at the grocery-delivery company Instacart came in higher than management had told investors to expect.

New jerseyUnited statesEricj savitzAsha sharmaMichael loccisano gettyGetty imagesWall streetChief operating officer asha sharmaArticle normalRetail wholesaleFood retailingSpecialty retailingLabor personnelCorporate industrial newsLay offs redundanciesContent types

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