Paramount CEO Bob Bakish warns global layoffs are coming as takeover talks swirl

Paramount CEO Bob Bakish warns global layoffs are coming as takeover talks swirl

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Paramount Global CEO Bob Bakish on Thursday said the media company would undergo layoffs as it strives to become a leaner company that spends less. Bakish said the entertainment industry has been confronted with a soft ad market, recent dual Hollywood strikes and a “volatile” macroeconomic…

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